Otsuka's Avanir unit plots 140 layoffs in wake of $116M Nuedexta settlement

Avanir Pharmaceuticals, fresh off a $116 million kickbacks settlement with the feds and tarnished by unflattering news reports, now plans to lay off 140 California employees, a public filing shows.

The drugmaker disclosed the layoffs, which are effective Jan. 20, in a California WARN notice back in November. The layoffs are permanent, the notice says.