Abbott wins dismissal of shareholder lawsuit over 2022 infant formula recall

ABT•2026-07-24

Judge dismisses shareholder lawsuit

July 24 (Reuters) - A federal judge on Friday dismissed a lawsuit accusing Abbott Laboratories ABT.N of defrauding shareholders in connection with a 2022 recall of powdered infant formula, and lying about its commitment to quality and product safety.

U.S. District Judge Steven Seeger in Chicago said that despite filing a 217-page complaint, shareholders failed to state claims against Abbott or any individual defendants.

Abbott wins dismissal of shareholder lawsuit over 2022 infant formula recall

Judge dismisses shareholder lawsuit

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