Nasdaq May Delist Tekelec
Posted March 23, 2006 7:47 a.m. EST
MORRISVILLE, N.C. — Nasdaq has notified
(Nasdaq: TKLC) that its stock may be delisted since the telecom gear manufacturer has yet to file its annual 2005 report.
Tekelec acknowledged on March 17 that it had missed the March 16 deadline for filing the report with the Securities and Exchange Commission.
Tekelec, which is reviewing financial matters dating back to 2003, said it had requested a hearing and would appeal the delisting.