LANNETT COMPANY, INC. FILES PREPACKAGED CHAPTER 11 CASES TO SIGNIFICANTLY STRENGTHEN FINANCIAL POSITION

Restructuring Support Agreement Supported by Holders of More than 80% of the Company’s Senior Secured Notes and 100% of Holders of Second Lien Term Loan Restructuring Transactions Will Reduce the Company’s Funded Debt by Approximately $597 Million No Impact on Business Operations as…