Bermuda-based Max Re Capital Ltd. announced that, “after filing its delayed Form 10-Q for the three months ended March 31, 2006 with the SEC on June 8, 2006, the Company has been notified by the NASDAQ staff that its filing delinquency has been cured and the NASDAQ Staff Determination to delist the Company’s securities is moot.”
Max Re’s filing had been delayed by an internal audit concerning certain finite reinsurance transactions. The Company completed its internal investigation at the end of May and subsequently filed the required reports (See IJ Website June 1,May 31, 22 and 2).
Was this article valuable?
Here are more articles you may enjoy.
Pennsylvania Public Adjuster Law Adds Cap on Fees, Bans Ties With Contractors 
Allstate’s AI Ecosystem to Include a Personal Agentic Assistant for Customers 
US Court Reinstates ‘Sunday Ticket’ Class Action Verdict Against NFL 
Municipal Insurer Must Pay Share of $14.9 Million Wrongful Incarceration Settlement 
