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Hanger still working on 10-K

Mar. 24, 2014 4:46 PM ETHanger, Inc. (HNGR) StockBy: Douglas W. House, SA News Editor
  • Citing the need for additional time to test and assess its internal controls, Hanger (HGR -1.8%) says it expects to regain compliance with NYSE's listing standards prior to the September 17 deadline for filing its 2013 10-K.
  • The firm instituted new controls and procedures after it disclosed material weaknesses in its internal financial reporting processes. Shares are down 22% from their January 21 peak of $40.71.

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