WASHINGTON, Jan. 28, 2002 (PRIMEZONE) -- The Securities Sleuth, http://www.securitiessleuth.com, takes a behind-the-scenes look at various securities "irregularities" and their impact on investors.
On January 22, 2002 GenCorp (NYSE:GY) announced that it would reschedule the release of its fourth quarter earnings pending "a review of its previously reported unaudited results for fiscal year 2001." Information about the nature of this and instances of "accounting irregularities" of other companies can be found 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. (http://www.forbesbest.com/asp/category.asp?category=Guard+Dogs)
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.