Wednesday, January 04, 2006

Abbott - class act!

NEW YORK (Reuters) - A federal judge has granted class-action status to former employees of Abbott Labs who allege their jobs were unfairly terminated in 2004 during the spinoff of the company's hospital products business into Hospira Inc., according to lawyers for the former employees.

A group of former employees had sued Abbott and Hospira on behalf of a class of all affected workers under the Employee Retirement Income Security Act.

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