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7th Circ. Revives Baxter Investor Suit Over $588M Recall

By Kurt Orzeck (August 16, 2013, 3:59 PM EDT) -- The Seventh Circuit revived a shareholder derivative suit accusing Baxter International Inc. directors of not correcting infusion pump problems that led to a recall costing the health care company $588 million, ruling Friday that the directors may have ignored a federal agency's instructions....

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