Liberty, which has changed ownership, is trying to restore its listing on the NASDAQ system. It was delisted because of its delinquent reports. The stock now trades in the pink sheets. It had previously reported unaudited annual results—this week’s filing was for audited results.
This stemmed from the ouster of CEO and founder John Hewitt a year ago and the resignation of two audit firms in the turmoil that followed. Cherry Bekaert became the new outside auditor on June 28 Hewitt sold his controlling shares to Vintage Tributum in July. In August, the investment firm selected new directors.