Harwood Feffer LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against Hospira Inc.

Harwood Feffer LLP (www.hfesq.com) announces that a class action suit was filed in the United States District Court for the Northern District of Illinois against Hospira, Inc. (“Hospira” or the “Company”) (NYSE: HSP) on behalf of all purchasers of Hospira securities between March 24, 2009 and October 17, 2011 (the “Class Period”).

The complaint accuses the Company and certain officers and directors of violations of the Securities Exchange Act of 1934 in connection with the Company's failure to disclose both that Hospira suffered from extensive quality control issues which undermined the viability of Project Fuel, a Company program designed to optimize the Company's operations and increase shareholder value, and that Hospira was unable to remedy problems identified in FDA Warning Letters related to the Company's infusion pumps, quality control deficiencies, and manufacturing weaknesses.

On October 18, 2011, the Company announced disappointing preliminary third quarter financial results and slashed full-year guidance. The Company blamed the disappointing results on a production disruption caused by the ongoing FDA investigation at a North Carolina manufacturing plant which accounted for approximately 25% of the Company's sales. In response, the value of Hospira shares declined significantly.

If you purchased Hospira common stock during the Class Period, you have until February 12, 2012 to ask the Court to appoint you lead plaintiff for the class. Moreover, current holders of Hospira common stock purchased at any time may also have a claim. If you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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