Mark Duncan/AP
- Similac maker Abbott is under federal criminal investigation for its role in the baby formula shortage.
- The possible charges carry penalties of up to $500,000 for corporations and up to a year of prison time for individuals.
- "It's a layup for a misdemeanor charge against Abbott," a food-safety attorney told Crain's Chicago.
The US Department of Justice is investigating Abbott Laboratories, the maker of Similac baby formula, over its conduct that resulted in a plant shutdown and nationwide shortages last year.