8-KItem 7.01 · Reg FD DisclosureItem 8.01 · Other Events
Abbott Agrees to $670 Million Settlement in Preterm Formula Litigation
Filed with the SEC on · Summarized by InvestorsBot
On August 20, 2026, Abbott agreed to pay approximately $670 million to resolve the Gill case and NEC claims involving about 2,000 additional infants, rather than continue appealing a $495 million verdict or pay roughly $600 million including interest. The agreements are not an admission of liability; approximately 1,700 lawsuits involving claims for about 12,700 infants remain pending in federal and state courts.