The estimated Net Worth of Jeffrey Farber is at least $3.81 million dollars as of 17 March 2022. Mr. Farber owns over 20,000 units of Lannett Co stock worth over $1,485,193 and over the last 21 years he sold LCI stock worth over $2,036,300. In addition, he makes $290,008 as Director at Lannett Co.
Jeffrey has made over 20 trades of the Lannett Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 20,000 units of LCI stock worth $16,200 on 17 March 2022.
The largest trade he's ever made was buying 5,000,000 units of Lannett Co stock on 7 May 2008 worth over $11,300,000. On average, Jeffrey trades about 129,919 units every 161 days since 2003. As of 17 March 2022 he still owns at least 2,152,454 units of Lannett Co stock.
You can see the complete history of Mr. Farber stock trades at the bottom of the page.
Jeffrey Farber is the Director of the Company. Patrick LePore succeeded Jeffrey Farber as the Chairman of the Board. Jeffrey Farber joined the Company in August 2003 as Secretary. Since 1994, Mr. Farber has been President and the owner of Auburn Pharmaceutical (“Auburn”), a national generic pharmaceutical distributor. Prior to starting Auburn, Mr. Farber served in various positions at Major Pharmaceutical (“Major”), where he was employed for over 15 years. At Major, Mr. Farber was involved in sales, purchasing and eventually served as President of the Midwest division. Mr. Farber also spent time working at Major’s manufacturing division, Vitarine Pharmaceuticals, where he served on its Board of Directors. Mr. Farber graduated from Western Michigan University with a Bachelors of Science Degree in Business Administration and participated in the Pharmacy Management Graduate Program at Long Island University.
As the Director of Lannett Co, the total compensation of Jeffrey Farber at Lannett Co is $290,008. There are 13 executives at Lannett Co getting paid more, with Timothy Crew having the highest compensation of $2,135,000.
Jeffrey Farber is 58, he's been the Director of Lannett Co since 2018. There are 10 older and 8 younger executives at Lannett Co. The oldest executive at Lannett Co., Inc. is Patrick LePore, 65, who is the Independent Chairman of the Board.
Jeffrey's mailing address filed with the SEC is 1775 JOHN R ROAD, , TROY, MI, 48083.
Over the last 22 years, insiders at Lannett Co have traded over $61,716,333 worth of Lannett Co stock and bought 6,036,340 units worth $16,940,403 . The most active insiders traders include William Farber, Jeffrey Farber et Patrick G Lepore. On average, Lannett Co executives and independent directors trade stock every 30 days with the average trade being worth of $39,386. The most recent stock trade was executed by John C Chapman on 17 November 2022, trading 20,000 units of LCI stock currently worth $10,200.
Lannett Company, founded in 1942, develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of medical indications.
Lannett Co executives and other stock owners filed with the SEC include: