Akorn Operating Co. told its 400 workers Wednesday that it planned to file for bankruptcy. The company also has locations in New Jersey, New York and Switzerland. CEO Douglas Boothe told employees in a video that the company's leaders decided on the move after failing to find a buyer for the company.
State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to
State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to lay off hundreds of workers with a...
CHICAGO (AP) — State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to lay off hundreds of workers with almost no warning. The Chicago Tribune reports that Gurnee-based Akorn Operating Co. told its 400 workers on Wednesday that it planned to file for bankruptcy and that they would be la…
CHICAGO (AP) — State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to lay off hundreds of workers with almost no warning. Akorn Operating Co., which is based in the northeastern Illinois city of Gurnee, told its 400 workers Wednesday that it planned to file for bankruptcy and that they…
Illinois Investigating Drugmaker Akorn's Abrupt Closure as Hundreds Suddenly Laid Off
State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to lay off hundreds of workers with almost no warning.
CHICAGO (AP) — State labor officials are investigating an Illinois-based pharmaceutical company’s decision to abruptly close all of its operations, including its out-of-state locations in New Jersey, New York and Switzerland, and to lay off hundreds of workers with almost no warning. Akorn Operating Co., which is based in the northeastern Illinois city of Gurnee, told its 400 workers Wednesday that it planned to file for bankruptcy and that they…