DOOR (OTC: LTCH) Resolves Final Legacy Matter, Completing Four-Year Turnaround of Its Financial Reporting and Legal Obligations
DOOR (OTC: LTCH) settled with the SEC, resolving a four-year-old investigation. The company paid a $1.0 million penalty and resolved four shareholder lawsuits. DOOR is now current with its SEC reporting obligations and can focus on profitability. The settlement concludes the company's efforts to address legacy issues.
