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Graphics Chipmaker Nvidia Gets Nasdaq Delisting Notice

Authored by Mark Hefflinger on September 12, 2006 - 6:26pm.
Santa Clara, Calif. - Graphics chipmaker Nvidia announced on Tuesday that it has received notice from the Nasdaq that its shares are not in compliance, due to a delayed filing of its quarterly report. The company is currently conducting an internal review of its stock options granting practices dating back to 1999, and has received a request from the SEC for information regarding the practices. The SEC is currently investigating over 80 technology firms' stock options grants, to determine if companies adjusted the date on which grants were issued to increase their values for employees. Santa Clara, Calif.-based Nvidia said its shares will remain listed on the exchange pending a hearing with the Nasdaq.
http://biz.yahoo.com/prnews/060912/sftu119.html?.v=56
http://www.nvidia.com
tags: Games | Video | Tech | NVIDIA | Investing | SEC | Nasdaq | Chips | Stocks | Delistings |

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