Abbott to pay $385 million over infant formula safety allegations, DOJ says
Abbott Laboratories has agreed to pay $384,999,040 to resolve allegations that it caused false claims to be submitted to federal and state programs between Jan. 1, 2018, and Dec. 31, 2022, the Justice Department announced.
TL;DR
- Abbott Laboratories will pay $384,999,040.
- The payment resolves allegations of false claims submitted to federal and state programs.
- The period in question is from January 1, 2018, to December 31, 2022.
- The Justice Department announced the settlement.