Formula

Consumer Giant Reckitt Plunges as Jury Awards $60 Million Verdict in Formula Saga

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LONDON – Reckitt, a global consumer goods company headquartered in London, experienced a significant decline in its stock value following a jury verdict that ordered the company to pay $60 million. The verdict stemmed from a lawsuit over the formula of one of Reckitt’s products. The lawsuit alleged that Reckitt’s formula was misleadingly marketed as providing certain benefits that it didn’t actually deliver. The product in question, which was not specified, was said to have been advertised as having a specific effect, but the jury found that it did not live up to these claims. … Read more

The Lingering Effects of Infant Formula Shortages: How Policy Response Falls Short for American Families

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AUSTIN, Texas – In February 2022, babies were born across the country, unaware of the challenges their families would face. The shortage of infant formula during that time caused distress for parents, with bottles disappearing from store shelves. However, as these babies approach their second birthday, a new wave of families is experiencing similar struggles. According to the Census Bureau’s Household Pulse Survey, 1.4 million people reported difficulty obtaining infant formula in the previous month. A recent recall of a formula designed for children with allergies further exacerbates the issue. This ongoing pattern of formula … Read more