Nasdaq appears to be mounting another crusade to strip NewLead Holdings of its US listing after accusing the issuer of misleading investors.
The Athens-based bulker and tanker operator shed light on the allegations in a statement released Thursday afternoon but offered few details.
Citing a letter received yesterday the owner said the exchange intends to delist the company’s shares “based on public interest concerns raised by certain false and misleading public disclosures made by the company” but failed to elaborate further.
The
