Category: plaintiff
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Abbott Labs falls after jury awards plaintiff $495M in damages in baby formula case
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LPETT Update at 8:10 PM: Damage update, adds Abbott’s comment. Abbott Laboratories (New York:ABT) decreased by 5% In after-hours trading after a St. Louis jury awarded a plaintiff $495 million in damages and penalties over allegations that the company’s infant formula caused A potentially fatal bowel disease. Margo Gill, an…