Abbott Laboratories Shares Rise After Baby-Formula Verdict
A jury found Abbott Laboratories and Mead Johnson, owned by U.K.-based Reckitt Benckiser, not responsible for a young boy's intestinal disease, the result of a lawsuit that alleged the companies ...
Here’s what families need to know after a landmark $60 million verdict in baby-formula suit
See also: Enfamil maker vows to fight $60 million baby ... sold its cow-milk formula knowing it could cause this disease to ...
Abbott, Mead Johnson Win Defense Verdict Over Preemie Infant Formula
In closing arguments on Wednesday, plaintiff's lawyer Timothy Cronin asked jurors for $6 billion in punitive damages.
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Reckitt’s Mead Johnson, Abbott cleared by US court in infant-formula case
The Whitfield family legal case was just one of many still pending relating to the necrotizing enterocolitis (NEC) disease.
Abbott jumps as jury says company, Reckitt not liable in infant formula case
In the first case to go to trial in March, Reckitt Benckiser was ordered to pay $60 million in damages to a mother whose ...
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Abbott, Reckitt unit defeat claims in premature baby formula trial
The decision marks the first victory for the companies as they face more than 1,000 similar cases and previously lost trials, one of which ended with a $500 million verdict.