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Stock Market & Financial Investment News

News Breaks
July 22, 2014
08:59 EDTALLTAllot Communications receives notice of deficiency from NASDAQ
Allot Communications announced that on July 16 it received a notice of deficiency from NASDAQ Stock Market. The non-compliance cited by NASDAQ is the result of the previously-announced departure of Dov Baharav from the company's board of directors. With the departure of Baharav, the company is currently not in compliance with NASDAQ Stock Market Listing Rule 5605, which requires the company's board of directors to be comprised of a majority of independent directors, and NASDAQ Listing Rule 5605, which requires the company's audit committee to be comprised of at least three independent directors. Accordingly, the company intends to hold a meeting of its shareholders to elect one or more new directors who will be independent under the NASDAQ Stock Market Listing Rules and, once elected, to appoint such director to serve as a member of the audit committee within the time period specified in the Notice.
News For ALLT From The Last 14 Days
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December 10, 2014
10:00 EDTALLTOn The Fly: Analyst Downgrade Summary
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09:23 EDTALLTOn The Fly: Pre-market Movers
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08:07 EDTALLTAllot Communications downgraded at BofA/Merrill
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06:51 EDTALLTAllot Communications downgraded to Underperform from Buy at BofA/Merrill
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December 4, 2014
10:02 EDTALLTAllot Communications management to meet with Needham
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