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May 6, 2021
Operator Welcome to the Lannett Companys Fiscal 2021 Third Quarter Financial Results Conference Call. My name is Hilda and I will be your operator for today. Later, we will conduct a question-and-answer session. [Operator Instructions] I will now turn the call over to Mr. Robert Jaffe, Investor Relations for Lannett. Mr. Jaffe, you may begin. Robert Jaffe -- Investor Relations for Lannett Good afternoon, everyone, and thank you for joining us today to discuss Lannett Companys fiscal 2021 third...
May 5, 2021
Share this article Share this article PHILADELPHIA, May 5, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today reported financial results for its fiscal 2021 third quarter ended March 31, 2021. "In recent months, we have significantly advanced a number of strategic initiatives," said Tim Crew, chief executive officer of Lannett. "In April, we successfully completed a transaction to refinance our debt, using the proceeds to retire the outstanding Term Loan B balance of approximately ...
April 28, 2021
Share this article Share this article PHILADELPHIA, April 28, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it will report financial results for its fiscal 2021 third quarter on Wednesday, May 5, 2021, after the market closes. Lannett management will host a conference call that same afternoon at 4:30 p.m. Eastern Time to review the companys performance and answer questions. The conference call will be available to interested parties by dialing 888-895-5479 from th...
April 17, 2021
Madoffs illegal activities shocked not only Mr. Shapiro but also the rest of world, including Palm Beach, which was at the center of maelstrom. The crimes hit especially hard here because the Wall Street trader met many of victims through his membership and connections at the Palm Beach Country Club. The financial scandal returned to the news Wednesday when Mr. Madoff died. He spent his last days not as a big-time, wealthy wheeler-dealer, but in federal custody in North Carolina, a dozen y...
April 14, 2021
Bernie Madoffâs death recalls a devastating period in Boston philanthropic circles Many of Bostonâs most prominent institutions and charities had benefited from donations from local clients of the swindler. By Anissa Gardizy Globe Staff,Updated April 14, 2021, 2 hours ago Email to a Friend Doctors enter the Brigham and Womens Hospital Carl J. and Ruth Shapiro Cardiovascular Center in Boston.NEAL HAMBERG Bernie Madoffâs death in a federal prison on Wednesday likely conjured up unh...
April 14, 2021
Bernie Madoff, mastermind behind largest Ponzi scheme in history, dies at 82 Ethan Sacks © Provided by NBC News Bernie Madoff, the Wall Street con artist who masterminded the largest Ponzi scheme in history and bilked thousands of investors out of billions of dollars, has died in prison. He was 82. The Federal Bureau of Prisons confirmed Madoffs death on Wednesday. He died at the Federal Medical Center in Butner, North Carolina. The bureau did not specify a cause of death, say...
April 14, 2021
Bernie Madoff, the once hailed Wall Street wunderkind who turned out to be a criminal mastermind, died in prison on Wednesday. But one place where he preyed on his wealthiest victims — the uber-rich enclave of Palm Beach — has moved on from the disgraced financier after his Ponzi scheme fell apart in 2008. For most on the island these days, Madoff is more of a punch line than a sucker punch. "My impression now is that the real anger and resentment has dissipated," said Richard Rampell, a...
April 9, 2021
Lannett Announces Pricing Of $350 Million Senior Secured Notes Due 2026 News provided by Share this article Share this article PHILADELPHIA, April 9, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) (the "Company" or "Lannett") today announced the pricing of the $350 million aggregate principal amount of 7.75% senior secured notes due 2026 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securit...
April 6, 2021
Lannett Announces Offering Of $350 Million Senior Secured Notes Due 2026 News provided by Share this article Share this article PHILADELPHIA, April 6, 2021 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) (the "Company") today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of senior secured notes due 2026 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities...
March 15, 2021
The onetime “cotton king” of New York City’s garment district forfeited more than half a billion dollars in the aftermath of Bernard Madoff’s Ponzi scheme.