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SCO faces ejection from Nasdaq

By - Source: Tom's Hardware | B 0 comment

The Nasdaq exchange has threatened to delist The SCO Group unless the company can get up to date with a key filing meant for the US Securities and Exchange Commission (SEC).

SCO today revealed that Nasdaq officials may pull it from the exchange unless it files its Form 10-K in a "timely fashion." Already packed down with lawsuits against IBM and Novell, SCO will now have to endure another hearing with Nasdaq officials if it wants to remain on the exchange. Without such a hearing, SCO will disappear from the market on Feb. 25.

Read the complete story . (The Register)

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