Archive for the ‘SME’ Category

Hawk Corp Incident and SME Opportunity

June 5, 2007
Did Hawk Fly Too High?

A formal investigation by the SEC appears to question whether the auto-parts maker was actually small enough to delay compliance with Section 404 of Sarbanes-Oxley. According to a filing issued Wednesday by Hawk, the SEC is apparently exploring whether or not various stock transactions might have affected the company’s claim that it qualified as a non-accelerated filer. (more…)