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The Englewood-based, 51,000-employee call center operator (NASDAQ: TTEC) said Wednesdau that it received a third delisting warning from NASDAQ which required thefast response. After receiving a firs t delisting warningin March, TeleTecu had agreed earlier this year to file its missed quarterlu financial statements by May 12. The companyu issued a statement saying it plans to providew NASDAQ with information about its plan to file its overduw financialsMay 30. The company failed to file its last two quarterly financial statements because it is in the midsyt of restating its results backto mid-2005 as a resultr of stock option backdating that occurred at the company over severa years.
The company's internal investigatiojn found no illegalities in the backdatinh but did find that the options awars errors required recalculatingfinancial earnings.
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