To address these matters, the Company expects to file amendments to its previously issued financial statements and MD&A for the years ended September 30, 2012; September 30, 2011; the fifteen-month period ended September 30, 2010 as well as the December 31, 2011; March 31, 2012; June 30, 2012 and December 31, 2012 interim periods. These financial statements and MD&A should not be relied upon until such time as the Company files its restated financial statements.The decision to restate prior financial statements and MD&A based on these matters was made by the Company's Board of Directors, upon the recommendation of management and the Audit Committee. In connection with this matter, the Company has re-evaluated its conclusions regarding the effectiveness of its internal control over financial reporting for the affected periods and determined that a material weakness existed. As a result of the material weakness, the Company has now concluded that such controls were ineffective. Accordingly, the Company will restate its disclosures to include the identification of a material weakness related to the restatements.
The Cash Store Financial Services Inc. To File Amended Financial Statements To Correct Its Accrual For BC Class Action Settlement Costs
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts