Recent News About Abbott Laboratories
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PHILADELPHIA (Legal Newsline) — Defendants AbbVie Inc., Abbott Laboratories and Unimed Pharmaceuticals LLC filed an appeal on Aug. 6 in a U.S. District Court in response to the final judgment in an antitrust case that found in favor of the Federal Trade Commission.
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Defendant Abbott Laboratories Inc. appealed the City of St. Louis Circuit Court’s judgment awarding plaintiff Maddison Schmidt $15 million in compensatory damages and $23 million in punitive damages for her personal injury claim. Schmidt was born with spina bifida and other birth defects.
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SAN FRANCISCO (Legal Newsline) — Two consumers have filed a class action lawsuit against Abbott Labs, alleging breach of implied warranty, breach of warranty, fraud, negligence and negligent misrepresentation.
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WILMINGTON, Del. (Legal Newsline) – Pending litigation in Delaware between Abbott Laboratories and Alere may set new precedents in the state if the court agrees to let Abbott back out of the proposed merger.
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A Swiss doctor filed his lawsuit against Alere Inc. and Computershare Limited in the U.S. District Court for the District of Delaware last month. In 2008, the plaintiff acquired 11,931 shares in Alere, and held those shares until, he claims, they were wrongfully escheated, or seized by the State of Delaware, in February 2013.
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WALTHAM, Mass. (Legal Newsline) – An appeal by health diagnostics company Alere to get Medicare billing privileges reinstated for a subsidiary diabetes unit, Arriva Medical, claims that the unit was targeted by the Centers for Medicare & Medicaid Services (CMS) to clear an administrative backlog, according to an Alere press release.
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WILMINGTON,Del. (Legal Newsline) – Global health care company Abbott Laboratories is asking a Delaware court to terminate its proposed merger with Alere because, it says, the company has been so poorly run that it no longer resembles its former self.
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The plaintiffs in the proposed class action, originally filed in a Massachusetts federal court in April, argue they purchased Alere Inc. common stock and suffered damages as a result of the company’s alleged federal securities law violations and false and/or misleading statements and/or material omissions amid a failed merger with Abbott Laboratories Inc.
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LOS ANGELES (Legal Newsline) – A California woman is suing several consumer diagnostic products companies over allegedly misrepresenting the efficacy of a certain pregnancy test product.
