Medical Supplier Faces Delisting by Nasdaq Market

North American Scientific announced that it received notice from the Nasdaq Stock Market stating that it's in danger of being delisted due to its failure to timely file its latest quarterly financial report. The Chatsworth, Calif.-based radiation therapy products company is subject to delisting on April 1 unless it requests a hearing with the Nasdaq Listing Qualifications Panel to appeal the matter, which the company stated in a press release that it intends to do. The request would delay any action by the market pending a decision by the panel.

Los Angeles Business Journal (http://www.labusinessjournal.com/article.asp?aID=75034645.4224491.1120717.6266159.3182536.768&aID2=86200)