Black Box Corp. disclosed yesterday in a Form 8-K filed with the SEC that on Monday, January 26, 2009, it received a Wells Notice from the SEC. The Wells Notice advised Black Box that the SEC’s enforcement staff intends to recommend that the Commission authorize it to file a lawsuit against Black Box relating to the company’s historical stock option practices.
Black Box stated that it intends to cooperate with the SEC staff.
Read the Black Box Corp. Form 8-K
