8-KItem 7.01 · Reg FD DisclosureItem 8.01 · Other Events
Abbott Agrees to Pay $670 Million to Resolve Preterm Formula Claims
Filed with the SEC on · Summarized by InvestorsBot
Abbott said on August 20, 2026, that it reached agreements with three law firms to resolve the Gill case and claims involving about 2,000 other individuals for approximately $670 million. The settlement avoids continuing to appeal a $495 million verdict, which Abbott said had grown to about $600 million with interest, but roughly 1,700 lawsuits involving about 12,700 infants remain pending.