Class action status is being sought in a lawsuit filed against Abbott Laboratories and Hospira on behalf of approximately 10,000 U.S. employees who were denied retirement benefits as part of Abbot's spin off its hospital products division into a separate company. The suit claims that at the time of the spin off, about 70% of the employees were over the age of 40, and were eligible to earn "substantial employee benefits" under Abbott's plans as they approached their retirement, however the company instead "terminated" the employees to prevent them from earning these benefits.
Case Watch
Judge Gettleman granted class certification on Counts I-III. Plaintiffs have filed an additional claim for breach of fiduciary duty, which defendants have moved to dismiss. Judge Gettleman is scheduled to rule on that motion on Apr-20-06.[CLASS CERTIFICATION]
File your Complaint
If you feel you qualify for damages or remedies that might be awarded in this Abbott Laboratories / Hospira class action please fill in our form on the right to submit your complaint.Last updated April 7 2006
Stay Informed
Get the latest on class action lawsuits, settlements & more! Subscribe to our free weekly newsletter.
Get our Newsletter!
Submit a New Complaint
Been wronged by a similar product or service?
Click here to send us your complaint.
Settlements
- Abbott's Norvir Class Action Multi Million Dollar Settlement Proposed
- Abbott To Pay Between $10 million and $27.5 million for HIV Drug Overpricing
