Monday, April 30, 2007

Sterling Financial to restate results after probe

(Reuters) - Although management has not determined the extent of the impact of these irregularities, they are expected to be material for the years 2006, 2005, and 2004 and may also be material for prior years, the company said in a regulatory filing.

It expects to restate earnings for those periods and said it may need to raise additional capital.


Read more at Reuters.com Government Filings News

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