The Colonial BancGroup, Inc (fka CBCGQ)

[UNITED]

Hi at all,

I found this notice from 11/15/10:

SEC Revokes Registration Of Securities Of Colonial Bancgroup
11/15/2010
On November 15, 2010, an Administrative Law Judge issued an Initial Decision in Colonial Bancgroup Inc., Admin. Proc. 3-13967. Colonial Bancgroup Inc. (Colonial) is a bank holding company with securities registered with the Securities and Exchange Commission (SEC) that had a subsidiary, Colonial Bank. The State of Alabama Banking Department closed Colonial Bank on August 14, 2009, and the Federal Deposit Insurance Corporation seized Colonial's assets. Colonial filed a petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Middle District of Alabama on August 25, 2009. Colonial admitted that it had not filed annual and quarterly reports with the Commission as alleged in the Order Instituting Proceedings and that it wanted access to the investigative file for purposes of the bankruptcy proceeding. The Administrative Law Judge found that the Division of Enforcement's (Division) condition that Colonial sign a confidentiality agreement before reviewing the investigative file, parts of which had been obtained from other government agencies, was reasonable. The Initial Decision granted the Division's Motion for Summary Disposition and revoked the registration of each class of Colonial's registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

http://www.realpennies.com/otc/CBCGQ

GLTA
- UNITED -