Illinois investigating drugmaker Akorn's abrupt closure

CHICAGO — CHICAGO (AP) — State labor officials are investigating an Illinois-based pharmaceutical company's decision to abruptly close all of its o...

February 25, 2023
6:50 AM

CHICAGO — 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 would be laid off within 24 hours, the Chicago Tribune reported.

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