- 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.