Showing posts with label leiner health. Show all posts
Showing posts with label leiner health. Show all posts

Saturday, March 15, 2008

Leading U.S. Supplement Manufacturer Files for Bankruptcy

Leiner Health Products Inc., a leading maker of vitamins and nutritional supplements, filed for bankruptcy protection Monday, a year after the Food and Drug Administration found problems at one of its manufacturing plants, prompting a product recall.

Carson-based Leiner, which supplies store-brand products to major retailers including Costco and CVS, listed assets and debt of $500 million to $1 billion in a Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware.

To read more of this content at the Los Angeles Times, click here.