Abbott Brass Trim But Can't Nix Investors' Formula Recall Suit

By Rae Ann Varona (August 7, 2024, 10:05 PM EDT) -- A Chicago federal judge on Wednesday substantially trimmed a derivative suit accusing Abbott Laboratories leaders of concealing known safety issues related to recalled infant formula but rejected the defendants' argument that tossing the suit in its entirety was in shareholders' "best interest."...

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