MSNBC: Abbott Laboratories Under Federal Criminal Investigation Over Baby Formula

RUSH EXCERPT:

PARK: “Yes, Alex, this is a big development. The Wall Street Journal first reported that abbott laboratories was under a federal criminal investigation. We have not been able to confirm the focus of that probe. An average spokesperson did confirmed to the news that the DoJ as a form of the investigation. They are not fully cooperating. Let’s backtrack a little bit. In February of 2022, Abbott voluntarily shut down production of infant formula from their Sturgis, Michigan, plant after it was reported some infants had gotten sick. This only deepened the infant formula shortage. They did not find the sort of the bacteria got the infant sick. In may of last year, abbott would lay an’s by signing a legal agreement the federal government. The plan would eventually reopen later that summer.”