Ambac’s Form 10-K Filing to Be Delayed
30 Marzo 2010 - 11:00PM
Business Wire
Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) announced
today that it will not be filing its Form 10-K on or prior to March
31, 2010. Due to the significant events which are described in its
Form 8-K filed with the Securities Exchange Commission on March 25,
2010, Ambac is revising its Form 10-K to address the impacts of
these events on its financial statements and disclosure. Ambac
expects to file its Form 10-K as soon as it has made all of the
necessary revisions.
About Ambac
Ambac Financial Group, Inc., headquartered in New York City, is
a holding company whose affiliates provide financial guarantees and
financial services to clients in both the public and private
sectors around the world. Ambac's principal operating subsidiary,
Ambac Assurance Corporation, a guarantor of public finance and
structured finance obligations, has a Caa2 rating from Moody's
Investors Service, Inc. and an R (regulatory intervention)
financial strength rating from Standard & Poor's Ratings
Services. Ambac Financial Group, Inc. common stock is listed on the
New York Stock Exchange (ticker symbol ABK).
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