Max & Erma's receives NASDAQ
Max & Erma's Restaurants, Inc. announced today that on January 29, 2008, it received a NASDAQ Deficiency Letter from The NASDAQ Stock Market informing the Company that the Company has not maintained a minimum value of stockholders' equity of $10,000,000 as required for continued listing on the NASDAQ Global Market under Marketplace Rule 4450.
Nasdaq: the computer network running the Nasdaq Stock Market has been penetrated by hackers several times in the past year.