parents, even if your children are well past the infant stage, you could get some money from a recent baby formula settlement.

Frustration and panic are growing for many formula-feeding parents as many store shelves continue to be empty or low on supply following the recall by formula maker Abbott, stemming from contamination concerns.

The U.S. Food and Drug Administration said on Monday that Abbott Laboratories recalled some Similac PM 60/40 cans and cases produced at a Michigan facility, after an infant who was exposed to the powdered baby formula died.

The U.S. Food and Drug Administration says it's investigating certain powdered baby formula following reports of children contracting serious infections.