SWWC emerges from “restatement hell”
- From: Vol 10, Issue 10 (October 2009)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: South West Water
SouthWest Water Company has put a series of delinquent filings and the threat of a Nasdaq delisting behind it. Shareholder litigation could still keep a lid on the share price.
The filing of SouthWest Water Company’s second quarter 2009 results on 18 September means the company is finally up to date with its quarterly filings, after ten months of what CEO Mark Swatek refers to as “restatement hell”. SouthWest announced in November last year that it would review its quarterly results from 2005 through until June 2008, which sent ...
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