HomeBusinessAbbott Laboratories underneath SEC and FTC investigation over baby-formula enterprise

Abbott Laboratories underneath SEC and FTC investigation over baby-formula enterprise

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The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories’ baby-formula enterprise, the corporate stated.

The SEC’s enforcement division despatched a subpoena to Abbott
ABT,
+0.62%
in December requesting details about its powder infant-formula enterprise and associated public disclosures, the corporate stated Friday in a securities submitting.

Source web site: www.marketwatch.com

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