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Bidz Vows to Appeal Nasdaq Delist Order
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The Nasdaq notified Bidz.com of being out of compliance and not meeting requirements for independent director and audit committee composition rules. Because of this the company could be delisted from the stock exchange. Bidz.com...
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Financial-Legal
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May 25, 2012
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Ricci Dipshan
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HRD Completes Review, Cuts Ties With Three Firms
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HRD Antwerp's board of directors received the results of an internal review of the diamond laboratory following allegations of improprieties in March. Based upon the results of that review, the board determined that remedial actions taken by management...
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Financial-Legal
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Apr 27, 2012
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Jeff Miller
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HRD Conducts Quality Control Review
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HRD Antwerp announced today that ''potential inconsistencies were recorded'' in the laboratory of HRD Antwerp, pertaining to the implementation of ISO procedures as part of the certification of diamonds. In order to guarantee that the issue would be dealt with,...
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Polished Markets
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Apr 06, 2012
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Jeff Miller
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HRD Investigates Possible Inappropriate Conduct
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Sources from the HRD confirmed that four gemologists were asked to resign this week and that an internal investigation is currently being carried out. An official statement released today stated that the graders left...
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Polished Markets
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Mar 23, 2012
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Marc Goldstein
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