The Houston Business Journal reported Franklin Bank received a non-compliance notice from NASDAQ on 2008-07-23 for failing to maintain the required minimum share price of $1 for 30 consecutive days. The bank has 180 days, or until 2009-01-20, to regain compliance. In a press release, Franklin Bank said “This notification will not impact the listing of Franklin’s common stock at this time.” More

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Posted by markw, filed under Finance. Date: July 30, 2008, 3:40 pm |

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