Abbott Laboratories was told by a jury to pay $70 million over claims by four mothers that the company hid the fact its premature-infant formula can cause a bowel disease dangerous to frail babies.

Abbott Laboratories must pay $53 million in compensatory damages in four cases in which Chicago area babies developed a ...

A Cook County jury on Friday decided that Abbott Laboratories should pay $17 million in punitive damages — on top of $53 million in compensatory damages awarded a day earlier — in four cases in which ...

CHICAGO, April 10 (Reuters) - A jury in Chicago on Friday said Abbott Laboratories (ABT.N), opens new tab must pay $70 million in damages to a group of families that had accused the company of failing ...

A Cook County judge read the jurors' verdict Friday: in all, $17 million in punitive damages to the mothers of babies ...

A Cook County jury has returned a verdict of $70 million including $17 million in punitive damages against Abbott Laboratories, the manufacturer of the cow's milk-based infant feeding product Similac.

The trial was the latest among hundreds of lawsuits alleging that Abbott's cow's milk-based formula products for preterm infants can cause necrotizing enterocolitis.