SEC Investigating Enfamil Maker Mead Johnson's China Unit

Law360, San Francisco (October 24, 2013, 5:47 PM EDT) -- Mead Johnson Nutrition Co. Thursday revealed that the U.S. Securities and Exchange Commission is investigating the business activities of the baby-formula maker's Chinese subsidiary after a separate agency found the company inflated Chinese formula prices.

Mead Johnson, which makes Enfamil and other nutritional milk products, said it is cooperating with the SEC's request for documents related to the China unit's business activities, and is also launching an internal investigation focused on its spending on the promotion of products that might have been produced in ways that...
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