Nasdaq Halts Trading in eUniverse

  • May 6, 2003
On Monday, eUniverse said in a statement that the reported results for the first three quarters of its fiscal year "should not be relied upon" due to incorrect processing of certain transactions within its accounting system. Aa a result, the Nasdaq halted trading in the company's shares and requested additional information from eUniverse. In a press release Tuesday, Nasdaq said trading will remain halted until the company fully satisfies the request for more information.
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