Event Brief
Abbott to pay $385 million to settle baby formula case
By The BriefBrief · Sources (3)
Filed: Sep 14, 2026 at 3:00 PM ET
Summary: Abbott Laboratories agreed to pay $385 million to resolve claims tied to a Justice Department investigation and lawsuit over Abbott’s manufacturing and a 2022 recall of powdered infant formula at a Michigan facility. The settlement addresses allegations connected to the closure of the plant.
WHO: Abbott Laboratories; U.S. Department of Justice
WHAT: Abbott agreed to a $385 million settlement resolving Justice Department claims related to its manufacturing and a 2022 powdered infant formula recall at a Michigan facility.
WHEN: Jan 1, 2022
WHERE: Michigan, USA
WHY: Cause not yet established.
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