The Eastern Company Announces Change in Independent Registered Public Accounting Firm
12 Junio 2009 - 10:15AM
Business Wire
The Eastern Company (NYSE Amex-EML) today announced that its
Board of Directors accepted the recommendation of its Audit
Committee to replace its independent registered public accounting
firm, UHY LLP, with Fiondella, Milone & LaSaracina LLP to audit
the Company�s financial statements for the fiscal year ending
January 2, 2010. The change in the Company�s independent registered
public accounting firm was effective June 10, 2009.
The Company has had an excellent working relationship with UHY
LLP. However, the Company�s Audit Committee has determined the
appointment of Fiondella, Milone & LaSaracina LLP to be
beneficial to shareholder value.
The Eastern Company is a 151-year-old manufacturer of vehicular
and industrial hardware, locks, metal castings, coin collection and
smart card products. It operates from nine locations in the U.S.,
Canada, Mexico, Taiwan and China. The diversity of the Company�s
products enables it to respond to the changing requirements of a
broad array of markets.
Forward-Looking
Statements: Information in this news release contains
statements which reflect the Company�s current expectations
regarding its future operating performance and achievements. Actual
results may differ due to the many economic uncertainties that
affect the Company�s business environment. Further information
about the potential factors which could affect the Company�s
financial results are included in the Company�s reports and filings
with the Securities and Exchange Commission. The Company is not
obligated to update or revise the aforementioned statements for
those new developments.
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