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Stock Market & Financial Investment News

News Breaks
December 7, 2012
15:10 EDTLCILannett announces renewal of universal shelf registration statement
Lannett announced that the renewal of its universal shelf registration statement on Form S-3 was declared effective by the SEC. The universal shelf registration statement replaces the company's previous shelf registration statement, which expired on November 20. The universal shelf registration statement permits the company to offer and sell, from time to time, on a continuous or delayed basis in the future, up to $63.75M of equity, debt or other types of securities described in the shelf registration statement, or any combination of such securities, in one or more future public offerings. The shelf registration statement also allowscertain shareholders to sell up to $57.5M of the company's common stock. The company will not receive any proceeds from the sale of these shares. The company's prior shelf registration statement permitted the company to offer up to $80M of securities and permitted certain shareholders to sell up to $70M of the company's common stock. The new shelf registration statement represents the unsold portion of the securities registered pursuant to the prior shelf registration statement.
News For LCI From The Last 14 Days
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November 20, 2014
10:28 EDTLCISenate Health, Education, Labor & Pensions Committee to hold a hearing
The Subcommittee on Primary Health and Aging holds a hearing entitled, "Why Are Some Generic Drugs Skyrocketing In Price?" with President & CEO Vigodman of Teva Pharmaceutical and President & CEO Bedrosian of Lannett Company on November 20 at 1 pm. Webcast Link
November 17, 2014
16:56 EDTLCILannett announces retirement of Chief Compliance Officer Ernest Sabo
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