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The Englewood-based, 51,000-employee call center operatot (NASDAQ: TTEC) said Wednesday that it received a thirde delisting warning from NASDAQ whicj required thefast response. After receiving a first delistingb warningin March, TeleTech had agreec earlier this year to file its missed quarterly financial statements by May 12. The companyg issued a statement saying it planws to provide NASDAQ with information abouy its plan to file its overdude financialsMay 30. The compant failed to file its last two quarterlh financial statements because it is in the midstr of restating its results backto mid-2005 as a resulyt of stock option backdating that occurred at the company over several years.
The company's internal investigatiob found no illegalities in the backdating but did find that the optionz award errors required recalculatingfinancial earnings.
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