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AbbVie Inc.

Company NameAbbVie Inc.
Stock SymbolABBV

On September 18, 2018, California insurance regulators announced that they were suing AbbVie, alleging that the Company provided illegal kickbacks to health care providers while promoting Humira. On this news, AbbVie’s share price fell $2.76 per share, or almost 3%, to close at $92.61 per share on September 18, 2018, thereby injuring investors.

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