By: E&P Staff
Hollinger International will file its annual report for 2004 with the U.S. Securities and Exchange Commission (SEC) at the close of market Sept. 15, the publishing company of the Chicago Sun-Times said Monday.
Hollinger had previously said it would file the report by this Wednesday.
“The two-week delay results from the additional time
required to complete a restatement of prior years’ financial statements relating to U.S. federal tax matters in 1998 and 1999 and the time required to complete additional testing under Section 404 of the Sarbanes-Oxley Act of 2002,” Hollinger said.
Hollinger has slowly been getting a handle on its financial books in the two-year period since allegations surfaced that former CEO Conrad Black, COO David Radler, and other executives “looted” hundreds of millions in improper payments, fees, and contracts. Hollinger reiterated Monday that it expects to become current with its mandatory regulatory filings when it reports its third-quarter 2005 results by the end of November.