The Wall Street Journal: Abbott Laboratories under SEC and FTC investigation over baby-formula business

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The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories’ baby-formula business, the company said.

The SEC’s enforcement division sent a subpoena to Abbott ABT, +0.62% in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing.

This article was originally published by Marketwatch.com. Read the original article here.

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