Riviera Holdings stock removed from NYSE
June 25, 2009
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LAS VEGAS—Casino operator Riviera Holdings Corp. says its common stock is no longer being traded on the New York Stock Exchange.
Riviera said trading was suspended on Thursday. The Las Vegas-based company said earlier this month that it would voluntarily delist its stock because it could not meet required compliance standards by a required deadline.
Riviera received a deficiency letter from NYSE Amex LLC saying Riviera did not meet listing standards because of "substantial" losses and a financial condition so impaired that it remains questionable whether the company can continue operating.
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