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Reply #15: Herley Industries (defense contractor) gets delisting notice from Nasdaq [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-20-06 07:37 AM
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15. Herley Industries (defense contractor) gets delisting notice from Nasdaq
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B2B0F6CC2%2D757A%2D4FE9%2DAC58%2D6A251339EBD1%7D&dist=newsfinder&symbol=&siteid=mktw

NEW YORK (MarketWatch) - Herley Industries Inc. (HRLY : 10.68, +0.01, +0.1% ) said Tuesday it received a delisting notice from the Nasdaq Stock Market for failing to file a required quarterly report. The Lancaster, Pa., maker of microwave components said its accountants had yet to complete a review of the 10-Q report because of an indictment over charges in Department of Defense contracts.

I guess when you have committed fraud, it's a bit difficult to get those reports cooked just right. :eyes:
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