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NeutralLOW severityTech & AI4d ago

Abbott in $670M settlement for some NEC infant formula claims

Reported by Seeking Alpha · seekingalpha.com · August 20, 2026

Abbott to pay $670M to settle Similac NEC claims tied to 2,000 infants; 1,700 suits remain. Read more here.

What the tape says

What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.

Amount
$670 million

Market reaction today: $ABT +0.03%

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