Slashdot Mirror

← Back to Stories (view on slashdot.org)

SCO Possibly Delisted from NASDAQ

Posted by Zonk on from the my-karma-ran-over-your-dogma dept.

canfirman writes "Reuters is reporting that SCO could be delisted from the NASDAQ because "it has not filed its annual 10-K report with the SEC". The company claims it's because "it is examining matters related to stock issued as part of its compensation plans". SCO Stock is sitting at $4.30 at opening today. It'll be interesing to see where it goes from here."

1 of 366 comments (clear)

  1. Re:Gloating? by ArmchairGenius · · Score: 5, Interesting

    Not filing your SEC filings is always bad. When it gets so bad NASDAQ delists you, it means that you are about to get sued, and get sued hard. I can pretty much guarantee a Section 10(b) fraud class action gets filed against SCO in the near future. And I also am willing to bet the SEC will start investigating them as well... Good thing they have plenty of lawyers....

    --
    Armchairgenius.com - Where everyone is a genius.