Trending...
- DriveYo Signs Cybersecurity Prodigy and Open-Source Pioneer Utkarsh Lubal
- Alchemy 43 Appoints Shane Smith as CEO to Drive Operational Performance and Scalable Growth
- Ashikaga Flower Park's "Great Wisteria Festival 2026"
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Abbott Laboratories ("Abbott" or "the Company") (NYSE: ABT) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Abbott was the subject of testimony by Dr. Robert Califf, the head of the FDA, before the Energy and Commerce Subcommittee of the U.S. House of Representatives related to the ongoing baby formula shortage throughout the United States. According to the New York Times, Dr. Califf "detailed 'egregiously unsanitary' conditions" at the Company's Michigan plant, which contributed to the shortage. Dr. Califf testified that "'the inspection results were shocking'" and that "'we had no confidence in integrity of the quality program at the facility.'"
More on The Californer
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
More on The Californer
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Abbott was the subject of testimony by Dr. Robert Califf, the head of the FDA, before the Energy and Commerce Subcommittee of the U.S. House of Representatives related to the ongoing baby formula shortage throughout the United States. According to the New York Times, Dr. Califf "detailed 'egregiously unsanitary' conditions" at the Company's Michigan plant, which contributed to the shortage. Dr. Califf testified that "'the inspection results were shocking'" and that "'we had no confidence in integrity of the quality program at the facility.'"
More on The Californer
- San Joaquin Valley College Celebrates New Sacramento Campus with Ribbon-Cutting Ceremony on April 16
- L2 Aviation Appoints Tony Bailey as President and Chief Operating Officer
- Pieter Bouterse Studio Founder to Retire After 40+ Years; Seeks Successor to Continue Legacy
- #WeAreGreekWarriors Opening Reception Packs the House
- City of Long Beach Announces Voting Phase of Youth Power Participatory Budgeting Long Beach
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
More on The Californer
- Mensa Brings National Board Game Competition to Northern Virginia April 16-19
- City of Long Beach Announces Voting Phase of Youth Power Participatory Budgeting Long Beach
- Governor Newsom announces $145.4 million in HHAP funding to help eight California regions reduce homelessness
- Sacramento Area Real Estate Agent Jasvir Josan Unveils Instant Cash Offer Service
- Special Alert! Highly Undervalued Stock: $317M Revenue in 2025 for Telecom Leader IQSTEL, Inc. (N A S D A Q: IQST)
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
Filed Under: Business
0 Comments
Latest on The Californer
- Green Office Partner Strengthens Global Operations with Mexico-Based DigitalVAAR Partnership
- P-Wave Classics Announces the Publication of The Female Quixote, Volume I, by Charlotte Lennox
- Everwild Music Festival Unveils 2026 Schedule: No Overlapping Sets, Longer Performances, and Epic Late-Night Sets!
- City of Long Beach Celebrates Earth Month with Events Throughout April
- Fans Are Becoming the New Discovery Engine for Music Through The Ultimate F.A.N. Collective
- Riggo Production Studio Launches Monthly Content Package for Growing Brands
- Accelerating into Active Oil Production with over 100 Barrels per day now being produced as Dual-revenue engine begins Generating Cash Flow: $IBG
- Finland emerges as clear Eurovision 2026 favourite – analysis of 12 bookmakers by Vedonlyöntisivut
- Mac Mountain Selects netElastic vRouter for LightCraft Broadband-as-a-Service Platform
- A Kickstarter Campaign for "A Cable To The Moon"
- California Watermelon Festival "A Sweet Slice of California"
- Oceanside Bombers Team Up with Bragabilia Energy for Limited‑Edition "Quiet Flex" Cans
- Frequent Coffee Sets New Record with 94-Point Decaf Score
- CMSWire Announces 2026 Customer Experience Leader of the Year and IMPACT Award Winners
- Reworked Announces 2026 Leaders of the Year and IMPACT Award Honorees
- California BPPE Approves Institutional Name Change from PhlebotomyU to HealthCareerU
- 88% Revenue Growth; Charging Into the Future with Explosive Growth, Strategic EV Expansion and Infrastructure Dominance Signal a Breakout Opportunity
- Forge Resources Unlocks Major Gold-Copper System in Yukon as Drilling Success and Strategic Assets Fuel High-Impact Growth Story for: $FRGGF
- PasskeyBridge Launches Patent-Pending Identity Threat Response Platform With Zero PII Storage
- Economist N. Robert Branch to Headline Summit for Economic Liberalism; Target 10,000 LA Attendees