Trump Bought Abbott Laboratories Stock Before DOJ Dropped Criminal Probe Into Baby Formula Plant
By
jake-johnson
Summary
President Donald Trump purchased hundreds of thousands of dollars of Abbott Laboratories stock in late September before his Justice Department dropped a years-long criminal investigation into the company. The investigation involved alleged misconduct after infant hospitalizations and deaths were linked to contaminated baby formula from an Abbott plant in Michigan. The stock purchases were revealed in Trump's 927-page annual financial disclosure report showing thousands of trades valued at over $1 billion. Abbott also donated $500,000 to Trump's inaugural fund.
Source
bskyTrump Bought Abbott Laboratories Stock Before DOJ Dropped Criminal Probe Into Baby Formula Plantcommondreams.orgKey quotes
· 3 pulledTrump's first purchase of Abbott stock last year was made in late September, and the president bought around $
The stock purchases were revealed in the president's annual financial disclosure report, which spans 927 pages and shows thousands of trades valued at over $1 billion.
Abbott, which donated $500,000 to the president's inaugural fund, faced an investigation stemming from alleged deadly contamination at one of its baby formula plants in Michigan.
You might also wanna read
White House Launches TrumpRx Direct-to-Consumer Drug Pricing Website
The White House has launched TrumpRx, a direct-to-consumer drug pricing website that allows patients to purchase certain medications at disc
cnbc.com·4mo ago
Analysis: Trump Family's Foreign Deals and Cryptocurrency Ventures Raise Ethics Concerns
The article examines how Donald Trump and his family have significantly increased their wealth through foreign mega-deals and cryptocurrency
newyorker.com·4mo ago
Trump Announces 50-Day Investigation into US Furniture Imports
Former President Donald Trump announced on his Truth Social account that he will launch a 50-day investigation into furniture imports to the
Dezeen·10mo ago
Harvard Public Health Dean Paid $150,000 as Expert Witness Against Tylenol Before Publishing Autism Research Used by Trump Administration
Harvard School of Public Health Dean Andrea A. Baccarelli received at least $150,000 to testify as an expert witness against Tylenol's manuf
thecrimson.com·9mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.