Abbott Laboratories under SEC and FTC investigation over baby-formula business

The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories’ baby-formula business, the company said.

The SEC’s enforcement division sent a subpoena to Abbott ABT in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing. In... The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories’ baby-formula business, the company said.

The SEC’s enforcement division sent a subpoena to Abbott ABT in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing. In addition, Abbott said it received a civil investigative demand from the FTC in January seeking information in connection with the agency’s investigation of companies that bid for infant-formula supply contracts with a federal program.An expanded version of this report appears at WSJ.com.Facebook Parent Meta Gives Thousands of Workers Subpar Review

They shouldn’t be the only plant

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

FTC sues companies over delivery of millions of robocallsThe Department of Justice has filed a complaint on behalf of the Federal Trade Commission alleging that a network of companies and individual defendants facilitated tens of millions of robocalls.
Источник: WashTimes - 🏆 235. / 63 Прочитайте больше »