Security National faces possible Nasdaq delist

Published: Thursday, June 2 2005 12:00 a.m. MDT

Salt Lake-based Security National Financial Corp. said in a regulatory filing Wednesday that it faces possible delisting from the Nasdaq Stock Market.

The company said it has been notified by the market that its Form 10-Q filed with the Securities and Exchange Commission for the quarter ended March 31 had not been reviewed by an independent public accountant, as required by a market rule.

The delisting will occur Monday unless the company appeals. Security National said it will appeal, which would stay the delisting.

The company said it has hired Hansen, Barnett & Maxwell PC to audit and report on the financial statements for 2005. Its work on the first-quarter report is expected to be finished by the end of business Monday.

Get The Deseret News Everywhere

Subscribe

Mobile

RSS