Latest Audit Committee Stories

ATLANTA, March 26, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK), a leading long-term care provider, today announced that it is postponing the release of its financial results for the fourth quarter and year end 2012 and its previously announced conference call to discuss such results originally scheduled for March 27, 2013. The Company also announced that it will file a Form 12b-25 (Notification of Late Filing) with the Securities and Exchange Commission with...

BUENOS AIRES, Argentina, March 22, 2013 /PRNewswire/ -- Pampa Energia S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), announces that it summoned a General Ordinary Shareholders' Meeting on first and second call, on April 26, 2013, at 11:00 a.m. (Buenos Aires time) and 12:00 p.m. (Buenos Aires time), respectively, and a General Extraordinary Shareholders' Meeting at first call on April 26, 2013, at 11:00 a.m. (Buenos Aires time), in all cases at the registered office, located at...

GUANGZHOU, China, March 22, 2013 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), China's leading online discount retailer for brands ("Vipshop" or the "Company"), today announced that the Company has enhanced the independence of its Board of Directors (the "Board") through the appointment of Mr. Chun Liu as a new independent director, effective March 22, 2013. Mr. Liu replaces Mr. Xing Peng, a non-independent director, who voluntarily tendered his resignation from his...

The Company's Audit Committee and Board of Directors Approved an Update to the Compensation Terms of Mr. Lior Salansky that are Equal to the Amounts Paid to the Company's Outside Directors RA'ANANA, Israel, March 20, 2013 /PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd. (NASDAQ Capital Market: MTSL), a global provider of MVNE, Mobile Money and TEM services, today announced that it has filed its annual report containing audited consolidated financial statements for the year...

JOHANNESBURG, March 14, 2013 /PRNewswire/ -- /Continental Who's Who/- Chose Modise is recognized by Continental Who's Who as a Pinnacle Professional in the field of Finance. Chose currently serves as an Internal Audit Manager for Africa and Asia with SABMiller, one of the world's largest brewers with subsidiaries spanning across six continents. Chose is a finance professional who is responsible for managing the Internal Audit functions in various countries. His responsibilities...

LONDON, March 14, 2013 /PRNewswire/ -- Royal Dutch Shell plc (the "Company") (NYSE:RDS.A) (NYSE:RDS.B) announces that Christine Morin-Postel has indicated her intention to retire as a Non-executive Director of the Company at the 2013 Annual General Meeting to be held on May 21, 2013. Christine Morin-Postel served as a member of the Supervisory Board of Royal Dutch Petroleum Company (Royal Dutch) and then as a Non-executive Director of the Company for a total...

Four TPG-Axon Group Nominees Appointed to the Board Immediately OKLAHOMA CITY, March 13, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that it has reached a settlement agreement with TPG-Axon Capital. Under the terms of the agreement: Four of the TPG-Axon Group's nominees - Stephen C. Beasley, Edward W. Moneypenny, Alan J. Weber and Dan A. Westbrook - will be added to the Board of Directors effective immediately. The Board of Directors will complete a...

Longwei will take further steps to defend itself and protect shareholder value TAIYUAN CITY, China, March 11, 2013 /PRNewswire/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), announced that it has received a Notice of Delisting from the NYSE MKT (the "Exchange") that its securities are subject to being delisted...

SAN DIEGO, March 7, 2013 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) announced today that on March 1, 2013, the audit committee of its board of directors concluded that the previously issued financial statements contained in its annual report on Form 10-K for the year ended December 31, 2011, and all unaudited quarterly reports on Form 10-Q in 2011 and 2012 (collectively, the "Prior Periods"), as well its selected financial data for the related periods, should no longer...

PARSIPPANY, N.J., March 6, 2013 /PRNewswire/ -- As part of its commitment to provide tested and reliable quality solutions that meet rigorous compliance standards, Solix, Inc., www.solixinc.com, a leading provider of eligibility determination, qualification program management and customer care services to government, telecommunications, broadband, utility and healthcare organizations; today announced a second consecutive independent audit was successfully completed for the largest...