Скачать или смотреть 14%+ Collective Loss | ABT Stock News| Abbott Laboratories Securities Class Action Lawsuit

Deadline October 31, 2022, Learn More 👉 https://bit.ly/ABT-NYSE
14%+ Collective Loss | ABT Stock News| Abbott Laboratories Securities Class Action Lawsuit #ABT

ABT Stock News and Abbott Laboratories

The truth Emerges
FDA investigation into infant formula
Whistleblower calls out management

Investors, did you purchase or otherwise acquire Abbott common stock during the period from February 19, 2021, to June 8, 2022,

According to the complaint, defendants touted the strength of Abbott’s infant formula brands and their contribution to the Company’s sales and revenue growth, despite knowing that the facility that manufactured those products was in flagrant violations of United States Food and Drug Administration (“FDA”) health, safety, and manufacturing regulations.

Defendants willfully or recklessly concealed these violations from investors, even though the violations put Abbott’s infant formula business in dire jeopardy and left the Company exposed to a risk of severe regulatory action, including the recall of its products and closure of the Sturgis facility.

Indeed, defendants received direct warnings, communications, FDA inspection reports, and consumer complaints identifying in detail the safety and regulatory violations that were rampant at the Sturgis facility.

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ABT Stock News and Abbott Laboratories

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