Stewart Enterprises Receives Nasdaq Notice Regarding Form 10-K for Fiscal 2005
03 Februar 2006 - 11:49PM
Business Wire
Stewart Enterprises, Inc. (Nasdaq NMS: STEIE) announced that it
received today a notice from Nasdaq that the Company's failure to
file its Form 10-K for the fiscal year ended October 31, 2005 by
February 1, 2006 was a violation of the continued listing
requirements of Nasdaq Marketplace Rule 4310(c)(14). In its
decision rendered on December 12, 2005, the Nasdaq Listing
Qualifications Panel granted the Company an extension of time in
which to file this report until February 15, 2006. Nasdaq has
advised the Company that the notification was required by Nasdaq's
rules notwithstanding the prior extension of time, and that the
extension is not affected by the notice. The Company is obligated
to make this press release as required by Nasdaq's rules, even
though it does not change the Company's previous disclosure.
Founded in 1910, Stewart Enterprises is the third largest provider
of products and services in the death care industry in the United
States, currently owning and operating 231 funeral homes and 144
cemeteries. Through its subsidiaries, the Company provides a
complete range of funeral merchandise and services, along with
cemetery property, merchandise and services, both at the time of
need and on a preneed basis.
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