AmCOMP Delays Second Quarter 2006 Financial Results.NORTH PALM BEACH, Fla. -- AmCOMP Incorporated (Nasdaq:AMCP AMCP Academy of Managed Care Pharmacy AMCP Aeronautical Mobile Communications Panel AMCP Association of Managed Care Providers (now Association of Managed Care Dentists) AMCP Army Materiel Command Pamphlet AMCP Army Married Couples Program ) announced today that it has been advised by its independent auditors Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. that a Company employee has expressed reservations about the thoroughness of disclosures made by the Company to such auditors AUDITORS, practice. Persons lawfully appointed to examine and digest accounts referred to them, take down the evidence in writing, which may be lawfully offered in relation to such accounts, and prepare materials on which a decree or judgment may be made; and to report the whole, together . While the Company knows of no basis for these reservations and believes its financial statements to be compliant in all respects, it must treat any such statement seriously. While no specific allegation The assertion, claim, declaration, or statement of a party to an action, setting out what he or she expects to prove. If the allegations in a plaintiff's complaint are insufficient to establish that the person's legal rights have been violated, the defendant can make a has been made regarding prior or current period financial statements of the Company, the Company has delayed issuing its financial information for the quarter and six months ended June 30, 2006. The Audit Committee of the Board of Directors is undertaking an appropriate investigation. The company also announced that its scheduled conference call for Friday, August 11, 2006 at 8:00AM has been cancelled. |
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