News: Nasdaq: Apple could face delisting

sdy284 - August 11, 2006 01:29PM in
c|net - "Apple Computer said on Friday that Nasdaq has notified the company that it believes the Mac maker is not in compliance with the exchanges rules and faces delisting. The Cupertino, Calif.-based company, which has delayed its quarterly filing pending an inquiry into stock option grant irregularities, said it has requested a hearing and will remain listed on the exchange pending that hearing. Stay tuned for more details."