Judge Certifies New Claim In Abbott Class Action

Law360, New York (April 5, 2007, 12:00 AM EDT) -- A federal judge has certified an additional claim against Abbott Laboratories Inc. in a class action suit brought by former employees over the pharmaceutical giant’s 2003 spin-off of its hospital products business into Hospira Inc.

On Tuesday, U.S. District Court Judge Robert Gettleman added another claim to a suit that accuses Abbott of deliberately misleading former employees about how their pension benefits would be treated if they agreed to join Hospira.

The complaint contends that Abbott hid information that it possessed regarding Hospira's intentions towards the...
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