WASHINGTON, Jan. 7, 2002 (PRIMEZONE) -- The Securities Sleuth (http://www.securitiessleuth.com) takes a behind-the-scenes look at various securities irregularities and their impact on investors.
Suprema Specialties, Inc. (Nasdaq:CHEZ) has not traded since December 21 when it announced the resignation of both its CFO and its Controller, and "an internal investigation of its prior reported financial results."
On December 24, Nasdaq imposed a trading halt until the Company fully satisfied Nasdaq's request for additional information; no additional information has been released by the Company in the subsequent two weeks.
In the absence of definitive news, the Securities Sleuth has reviewed the Company's financial history and recent information releases. More information can be found in an article published earlier today on the Sleuth's Web site.
The Securities Sleuth is co-edited by Bob Davis and Mark McNair, the team that previously produced a site named by Forbes magazine as its favorite `Guard Dog' on its `Best of the Web' list.
Davis is also the editor of The Napeague Letter (http://www.napeague.com) whose "Suspicious Stocks" column profiled "excessively-promoted" stocks. Bob's column has earned kudos for its analyses from Forbes, The Financial Times, Online Investor, Money Magazine and the San Francisco Chronicle. Mark McNair is an attorney in Washington, D.C., who previously worked for the SEC and whose practice focuses on securities class action litigation.