- PR Newswire•last month
TCP Files Suit Against Former Chairman Ellis Yan for Unfair Competition and Violation of Employment Agreement
AURORA, Ohio, March 21, 2017 /PRNewswire/ -- TCP International Holdings Ltd. (TCPIF) ("the Company" or "TCP") today filed a lawsuit against its former Chairman and Chief Executive Officer Ellis Yan for recent actions that have involved unfair competition and deceptive trade practices, tortious interference, and violations of restrictive covenants in Yan's employment agreement with TCP. The suit, filed today in U.S. District Court, Northern District of Ohio, Eastern Division, also names newly formed company Quality Light Source LLC (QLS) and others associated with QLS as defendants. This case involves misrepresentations to TCP's customers and the public at large about the facilities, capabilities and products of QLS.
- PR Newswire•last month
AURORA, Ohio, March 15, 2017 /PRNewswire/ -- TCP International Holdings Ltd. (TCPIF) ("the Company") today announced that the Company has withdrawn its request to appeal the New York Stock Exchange's determination to delist TCPI's common stock. As a result, the NYSE notified the Company of its intention to apply to the Securities and Exchange Commission for delisting of TCPI's common stock, which will remove the common stock from listing and registration on the NYSE. The Company will continue to trade on the OTC Link, and the NYSE delisting will not affect the Company's day-to-day business operations.
- PR Newswire•2 months ago
AURORA, Ohio, Feb. 21, 2017 /PRNewswire/ -- TCP International Holdings Ltd. (TCPIF) today disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission ("SEC") that KPMG LLP ("KPMG") has resigned as the Company's independent registered public accounting firm. KPMG has stated that it will issue its report on the Company's 2015 consolidated financial statements upon the completion of the audit of the 2016 consolidated financial statements by a successor auditor. KPMG's resignation was due to, among other things, the Company's inability to complete the remediation of the material weakness in its internal control over financial reporting in a timely manner.
TCPIF : Summary for TCP INTERNATIONAL CHF 1 - Yahoo Finance
TCP International Holdings Ltd. (TCPIF)
Other OTC - Other OTC Delayed Price. Currency in USD
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At close: 12:50PM EDT
|Day's Range||1.19 - 1.25|
|52 Week Range||0.79 - 1.84|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||9.47|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|