Enfamil

Landmark Illinois Jury Verdict: $60 Million Awarded to Grieving Mother in Tragic Enfamil Formula Case

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An Illinois jury has recently reached a verdict in a high-stakes case that could have significant implications for Mead Johnson, a manufacturer of infant formula. The jury awarded a substantial $60 million to the mother of an infant who tragically passed away after using Mead Johnson’s Enfamil formula. This decision marks a significant legal setback for the company, as it is the first of many similar cases that they are facing. The lawsuit was filed by the grieving mother, seeking justice for the loss of her child. The jury deliberated and ultimately held Mead Johnson … Read more

Reckitt Benckiser Stock Plunges 15% as Jury Awards $60 Million in Damages Over Enfamil Baby Formula

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BELLEVILLE, Ill. – Reckitt Benckiser Group Plc, a UK consumer goods company, experienced a sharp decline in stock prices following a court ruling that awarded $60 million in damages to an Illinois woman. The jury determined that the company’s Enfamil baby formula played a role in the death of her premature baby. This case marks the first of its kind to proceed to trial in the United States. The verdict caused a 15% drop in Reckitt Benckiser Group’s stock, resulting in the company’s lowest level in a decade. This decline wiped out approximately £5.4 billion … Read more

Abbott and Reckitt Benckiser Clash in Court: $60M Verdict Over Enfamil Baby Formula

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NORTH CHICAGO, ILLINOIS – Abbott Laboratories saw a decline in its stock price on Friday following a jury verdict in an Illinois state court. The jury ordered rival company Reckitt Benckiser’s Mead Johnson unit to pay $60 million over allegations that a premature child died after consuming the company’s Enfamil baby formula. This verdict represents the first trial outcome among the hundreds of lawsuits filed against both Reckitt Benckiser and Abbott, all claiming that their baby formulas caused a gastrointestinal disease called necrotizing enterocolitis (NEC) in children. Abbott’s stock dropped approximately 4% after the news, … Read more

Reckitt Benckiser Group Plc Faces Historic Blow as Enfamil Baby Formula Verdict Shakes Stock Market

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(Chicago, Illinois) Consumer goods company Reckitt Benckiser Group Plc saw a drastic 15% drop in its stock following a jury’s decision to award an Illinois woman $60 million in damages. The verdict, which came in the first trial of its kind in the United States, stated that Reckitt Benckiser’s Enfamil baby formula was responsible for the death of the woman’s premature baby. This significant blow resulted in the company’s stock closing at its lowest level in a decade, erasing a staggering £5.4 billion ($6.9 billion) in market value. The ruling carries considerable implications for Reckitt … Read more