yf_tkr_ABT · 2026-08-23 · Bearish AI sentiment
In August 2026, Abbott Laboratories agreed to pay approximately US$670 million to resolve the Gill case and around 2,000 additional necrotizing enterocolitis-related claims tied to its preterm infant formulas, without admitting liability and following several favorable court rulings for formula manufacturers. This large settlement trims a single, very large jury award while providing greater clarity on Abbott’s remaining infant-formula litigation exposure and case mix. We’ll now explore how...
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