Accounting Problems
On March 19, 2007, the NASDAQ Stock Market informed Radio One that it could face delisting from trading for failure to file its 2006 10-K annual report with the SEC. The company had previously announced it would delay issuing its annual report due to accounting issues concerning backdated stock options, subject of an informal SEC Inquiry.
Read more about this topic: Radio One (company)
Famous quotes containing the words accounting and/or problems:
“At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses.”
—Karl Liebknecht (18711919)
“There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.”
—Jimmy Carter (James Earl Carter, Jr.)