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Article: Wall Street Strategies Files for Bankruptcy Court Protection; Normal Operations Expected to Continue.
- Article from:
- PR Newswire
- Article date:
- March 25, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Wall Street Strategies Corporation (BULLETIN BOARD: WSSI) announced today that it and its wholly-owned subsidiary, Wall Street Strategies, Inc., have, effective March 12, 2003, filed a voluntary petition in bankruptcy for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York.
As a provider of investment research and information services for institutional and individual investors and financial professionals, the Company has experienced declining sales primarily attributable to the downturn in the U.S. equity markets and the economy as a whole. While current subscribers for the ...