04-04-2017 03:01 via insuranceinsider.com

Patriot National blows past financial filing deadline

Insurance services outsourcing provider Patriot National
reported that it would miss the extended deadline to file its
annual financial report with the US Securities and Exchange
Commission, advising the SEC of a new examination of transactions
related to companies acquired in 2015.
The company reported a jump in expenses during the 2016 fourth
quarter related to a $17.5mn goodwill impairment charge stemming
from the acquisition of Global HR Research in 2015 and several
one-time items.
In an SEC
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