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| Firms Seek to Delay Filing of Annual Reports by Jeremy at 4:35 am EST, Apr 4, 2002 | |||
... companies have delayed filing their annual 10-K reports ... [citing] accounting problems, weak economy ... ... more [DC-area] companies than at any time in memory have asked for extensions ... Trend reflects concern about increased scrutiny ... DynCorp, the Reston-based government contractor requested a delay over concerns about its acquisition of GTE Information Systems LLC, which provides telecommunications and information technology services ... approved by the company's auditor, Arthur Andersen ... Several companies gave vague reasons for wanting to delay their 10-K filings. Primus Telecommunications Group, an Internet service seller, told the SEC it needed an extension because of its "current involvement in the restructuring/renegotiation of certain vendor financing arrangements" ... Network Access Solutions [an ISP] ... said its outside accountant, PricewaterhouseCoopers, needed more time. | |||
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