Lindon, Utah-based SCO Group faces potential delisting from Nasdaq after failing to file its annual report.
Meanwhile, Canopy Group, the company’s largest shareholder, remains embroiled in a legal fight with SCO Group chairman of the board Ralph Yarro. The Lindon-based venture firm, which owns roughly 30% of SCO Group, in December fired Yarro, who at the time was chief executive at Canopy, amid allegations he and two other executives diverted nearly $25 million in Canopy funds for their own use.
Submitted by: muddocktor
Source: Yahoo
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