Corinthian Colleges Gets Nasdaq Delisting Notice

The college operator has missed the filing deadline for its 10-K.
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Corinthian Colleges (COCO) said it has received a delisting notice from the Nasdaq for not filing a fiscal form 10-K with the SEC by the required deadline.

The Santa Ana, Calif.-based college operator said it had previously filed a Form 12b-25 with the SEC indicating that it would be unable to file its Form 10-K by the original filing deadline of Sept. 13, due to the company's ongoing review of its prior stock-option grants.

The company stated that it appealed the staff determination and has requested a hearing before the Nasdaq listing qualifications panel. It added that it will file its Form 10-K as soon as practicable.

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