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think there will be another lawsuit from the new spinnoff from abbott....appears that they will be treated the same as the hospira people were treated....maybe they have learned from the suit to the point where they may be able to defend themselves from the immoral way that mw and cronies treat the employee.
 






The new spinoff shows how much confidence Abbott has in winning the appeal. Is that arrogant?



Anonymous said:
think there will be another lawsuit from the new spinnoff from abbott....appears that they will be treated the same as the hospira people were treated....maybe they have learned from the suit to the point where they may be able to defend themselves from the immoral way that mw and cronies treat the employee.
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latest news is

One of the Appeals court judges died. Now they have to figure out what to do. They may do the appeal all over again or just let the other two decide. If they let the other two decide we are probably screwed in the that the bitch on the court was very obviously not sympathetic to the employees. She figured if the retirement eligible were allowed to access their Abbott retirement while still working for HSP. Funny how it is OK for Chris got $4MM to keep him whole and the new guy Mike got $12MM so he wouldn't lose out on his retirement.
 






sorry about leaving out the part about the woman judge she figured it would be double dipping if the retirement eligible were allowed to collect Abbott retirement while still working for HSP.
 






Anonymous said:
latest news is

One of the Appeals court judges died. Now they have to figure out what to do. They may do the appeal all over again or just let the other two decide. If they let the other two decide we are probably screwed in the that the bitch on the court was very obviously not sympathetic to the employees. She figured if the retirement eligible were allowed to access their Abbott retirement while still working for HSP. Funny how it is OK for Chris got $4MM to keep him whole and the new guy Mike got $12MM so he wouldn't lose out on his retirement.
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Apparently the unlucky judge forgot to cash his checks from MW and then was involved in an unfortunate hunting accident.
 






In 1973, I went to work for Abbott as a part-time worker at the age of 16 teen. I got my job through a high school job program. The company was located in NC. When I turned 18 years of age I became a permanent employee. I really enjoyed my job, and decided to try to retire with this company. In 2002, the company I thought I would get to retire with closed it's doors with no warning at all. One day you go to work, and the next day you're told your job will be ending the following year. Hear I was almost 47 years old, and needed to be 50 to be able to retire early.

Before the company closed I put in for a job with another Abbott company located in NC, so I could finish up my time so I could retire with this company. There was others that did the same thing. We left our homes, and rented places to stay. We would travel back and forth to our families, and love ones. There was a lot of hardships, and personal struggles we had to endure. We all felt like we had came so close to our retirement that we couldn't give up. After living away from my family for 1 year and 8 months, Abbott decided to do a spin off. Abbott became known as Hospira.

I stayed on until I reached a little over 50 years old. My retirement wasn't what it should of been. I believe I lost about a third of my pension, and no medical benefits. I worked for that company I once loved for almost 33 years. I gave it all of my good years, and so did others. I lost not once, but twice. My only hope, and prayer is that justice will be served for all of the employees who gave their best and all. The employees who helped build that business. Thank you!
 












Anonymous said:
In 1973, I went to work for Abbott as a part-time worker at the age of 16 teen. I got my job through a high school job program. The company was located in NC. When I turned 18 years of age I became a permanent employee. I really enjoyed my job, and decided to try to retire with this company. In 2002, the company I thought I would get to retire with closed it's doors with no warning at all. One day you go to work, and the next day you're told your job will be ending the following year. Hear I was almost 47 years old, and needed to be 50 to be able to retire early.

Before the company closed I put in for a job with another Abbott company located in NC, so I could finish up my time so I could retire with this company. There was others that did the same thing. We left our homes, and rented places to stay. We would travel back and forth to our families, and love ones. There was a lot of hardships, and personal struggles we had to endure. We all felt like we had came so close to our retirement that we couldn't give up. After living away from my family for 1 year and 8 months, Abbott decided to do a spin off. Abbott became known as Hospira.

I stayed on until I reached a little over 50 years old. My retirement wasn't what it should of been. I believe I lost about a third of my pension, and no medical benefits. I worked for that company I once loved for almost 33 years. I gave it all of my good years, and so did others. I lost not once, but twice. My only hope, and prayer is that justice will be served for all of the employees who gave their best and all. The employees who helped build that business. Thank you!
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All of Abbott and Hospira's corporate officers and CEO's (Miles White & Chris Begley)
Thank you from the bottom of their heart(Which I doubt they have). Your contribution to the company will not be forgotten(as they relax in their mansions and enjoy golf everyday together at the country club).

It's people like you that has made this company a special and wonderful experience for them to be your leader. They know that the feeling for them is mutual.

Thanks again and best of luck in your future.
Remember....... Honesty, integrity and just doing what is right is the foundation of Abbott and Hospira.
 






Anonymous said:
All of Abbott and Hospira's corporate officers and CEO's (Miles White & Chris Begley)
Thank you from the bottom of their heart(Which I doubt they have). Your contribution to the company will not be forgotten(as they relax in their mansions and enjoy golf everyday together at the country club).

It's people like you that has made this company a special and wonderful experience for them to be your leader. They know that the feeling for them is mutual.

Thanks again and best of luck in your future.
Remember....... Honesty, integrity and just doing what is right is the foundation of Abbott and Hospira.
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Question: Should we think that things will be muchly improved and turn the other cheek or should we wait for the new guy to take more away?
 






$12.4 million in year one salary. Revenue down. Decree coming. Potential other >10
year contract audits. Which turnip do you think the blood will be squeezed from?


Anonymous said:
Question: Should we think that things will be muchly improved and turn the other cheek or should we wait for the new guy to take more away?
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Verdict for Hospira in ERISA Class-Action Lawsuit
U.S. District Court for the Northern District of Illinois
April 23, 2010

On April 23, 2010, the United States District Court for the Northern District of Illinois found in favor of our client Hospira, Inc. and Abbott Laboratories on all counts of an ERISA class-action lawsuit filed against both companies in 2004. In the lawsuit, representatives of an 8,000-employee class claimed that Hospira and Abbott intended to interfere with their retirement benefits through Abbott's spin-off of its Hospital Products Division, which established Hospira as an independent company, and the implementation of a two-year reciprocal no-hire policy. The suit, in which the plaintiff class sought over $300 million in lost employee benefits, was tried over a period of three weeks in 2009.

In a 97-page opinion, the Court found that neither Hospira nor Abbott violated ERISA in connection with the spin off or the no-hire policy. Of critical importance to the Court's decision was the testimony of the defendants' witnesses, including Hospira's CEO and COO, which the Court found was "highly credible, internally consistent, and amply corroborated by the unquestionably authentic documentary evidence." In ruling in favor of the defendants, the Court also vindicated Abbott's and Hospira's strategic decisionmaking and human resource policies relating to the spin off. The Court explained that "Hospira has been a successful, profitable enterprise in the years since the spin, no doubt in large part because it retained the talent it had at the time it became independent of Abbott."
 






How much longer do we have to wait for true justice to be served for all of the employees? We have been waiting for seven years for justice. Time keeps flying by, and we all are getting older. I hope to be around when all is said, and done.
 












Anonymous said:
How much longer do we have to wait for true justice to be served for all of the employees? We have been waiting for seven years for justice. Time keeps flying by, and we all are getting older. I hope to be around when all is said, and done.
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Open your eyes. The Corporate directors and their cronies are making off with the company treasure chest. You will be left with a pink slip in the end.
 






No good comes to those who lie, steal, or cheat for their own selfish reasons. Just as fast as they got to the top of their mountain, then they will fall just as quick to the bottom of it. What goes around, comes around.
 






Anonymous said:
How much longer do we have to wait for true justice to be served for all of the employees? We have been waiting for seven years for justice. Time keeps flying by, and we all are getting older. I hope to be around when all is said, and done.
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Justice? No such thing...."justice" goes to who has the most money. The verdict has been bought and paid for. Don't expect anything to change.
 






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