The Securities and Exchange Commission has temporarily suspended trading in the securities of One Price Clothing Stores, Inc. (Pink Sheets: ONPRQ. The suspension, which began on February 12, 2007, will end at 11:59 pm on February 26, 2007.
In issuing the suspension, the Commission cited the lack of current and accurate information because of the Company's failure to file required public reports.
In February 2004, One Price Clothing filed a bankruptcy petition in federal court in New York. The Company last filed a quarterly financial statement in September 2003, for the quarter ended August 2, 2003.
Hartley T. Bernstein is a corporate and securities attorney and civil litigator with a specialty in business transactions and civil litigation. As corporate counsel, Mr. Bernstein has represented both private and public companies in connection with various corporate issues, including governance, mergers/acquisitions, employee compensation agreements and contractual matters.
In issuing the suspension, the Commission cited the lack of current and accurate information because of the Company's failure to file required public reports.
In February 2004, One Price Clothing filed a bankruptcy petition in federal court in New York. The Company last filed a quarterly financial statement in September 2003, for the quarter ended August 2, 2003.
Hartley T. Bernstein is a corporate and securities attorney and civil litigator with a specialty in business transactions and civil litigation. As corporate counsel, Mr. Bernstein has represented both private and public companies in connection with various corporate issues, including governance, mergers/acquisitions, employee compensation agreements and contractual matters.
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