Thomas Group Announces End to SEC Stock Investigation
June 08 2007 - 9:27AM
Business Wire
Thomas Group, Inc. (NasdaqGM:TGIS) today announced that the United
States Securities and Exchange Commission (�SEC�) has formally
notified Thomas Group that its investigation of Thomas Group�s
historical stock option granting practices has been terminated with
no enforcement action recommended to the Commission. As stated in
the Company�s press release dated April 6, 2007, the Company self
reported its internal investigation of its historical stock option
granting practices and the restatement of certain prior accounting
periods to the SEC. Thomas Group, Inc. (NasdaqGM:TGIS) is an
international, publicly traded professional services firm
specializing in operational improvements. Thomas Group's unique
brand of process improvement and performance management services
enable businesses to enhance operations, improve productivity and
quality, reduce costs, generate cash and drive higher
profitability. Known as The Results Company(SM), Thomas Group
creates and implements customized improvement strategies for
sustained performance improvements in all facets of the business
enterprise. Thomas Group has offices in Dallas, Detroit, and Hong
Kong. For additional information on Thomas Group, Inc., please go
to www.thomasgroup.com.
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