Dell Non Compliance
After Friday's closing bell Dell Computer said they had received a Nasdaq letter on Dec. 15 indicating that the company is not in compliance with continued listing requirements.
The letter relates to the company's delayed Q3 filing. Dell is delaying the filing due to ongoing investigations by the Securities and Exchange Commission and the company's audit committee into certain accounting and reporting matters, including the possibility of misstatements in prior period financial reports.
Dell has also received a related federal subpoena.
The letter relates to the company's delayed Q3 filing. Dell is delaying the filing due to ongoing investigations by the Securities and Exchange Commission and the company's audit committee into certain accounting and reporting matters, including the possibility of misstatements in prior period financial reports.
Dell has also received a related federal subpoena.
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