Nasdaq warns Apple over compliance

blog Exchange notifies company that it believes the Mac maker is not in compliance with Nasdaq's rules.

Tech Culture

Apple Computer said on Friday that Nasdaq has notified the company that it believes the company is not in compliance with the exchange's rules, following Apple's decision to delay a quarterly filing.

The Cupertino, Calif.-based company said last week it would not make the deadline for its quarterly filing with the Securities and Exchange Commission, as it continues an inquiry into stock option grant irregularities. Apple said it has requested a hearing and will remain listed on the exchange pending that hearing.

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