CNBC researcher Jim Cramer (L) talks with a contributor at the NASDAQ Marketsite before long after the opening bell in New York Jan 16, 2008.
Credit: Reuters/Brendan McDermid
BOSTON (Reuters) - Investment headlines website TheStreet.com Inc pronounced on Wednesday the U.S. Securities and Exchange Commission was questioning the association over the approach it available income at a former subsidiary.
The company, founded by radio celebrity and former sidestep account physical education instructor Jim Cramer, done the proclamation in a form it sent to the SEC in that it asked for some-more time to hope for the monetary statements.
The examine relates to how income was available at an online promotions auxiliary called Promotions.com, that TheStreet.com sole in December.
A orator for TheStreet.com declined to comment.
Website Zerohedge.com initial reported the news.
The examine arose after the association voiced on Jan twenty-five that it was restating the monetary formula for 2008 and 2009 due to "certain inaccuracies" at the Promotions.com unit.
(Reporting by Svea Herbst-Bayliss and Aaron Pressman; modifying by Andre Grenon and Ted Kerr)
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