SEC Queries May Hinder IES' Chapter 11

Law360, New York (April 24, 2006, 12:00 AM EDT) -- Bankrupt power and communications provider Integrated Electrical Services is in federal regulators’ crosshairs, a recent filing with the Securities and Exchange Commission reveals.

The Houston, Texas-based company, its chief financial officer and certain former executives received Wells Notices from the SEC on April 20, according to a form filed with the SEC on Monday.

The form—labeled Form 8-K—says that the Wells Notices refer to possible “violations of the books and records, internal controls and antifraud provisions of the Securities Exchange Act of 1934.”

The form also...
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