Landec Corporation (LNDC) restates 1QFY13 financial to report an increase of $2.9M in fair value...

|About: Landec Corporation (LNDC)|By:, SA News Editor
Landec Corporation (LNDC) restates 1QFY13 financial to report an increase of $2.9M in fair value of Windset Holdings. The company understated the recorded value of its Windset investment, and the related investment income, by $2.9 million, thus impacting net income by $1.8M, or $0.07/share. Shares +4% AH. (PR)