Forging Ahead

Well, Magnum Hunter Resources' (MHR) long nightmare is over. On Friday, the company finally filed its 10-K for the year ended Dec. 31, 2012. Clearly, firing the auditors at PricewaterhouseCoopers LLP (PwC) and replacing them with BDO had the desired effect.

On management's conference call, they indicated that the first quarter's 10-Q -- also in arrears -- would be filed within 30 days. During the Q&A, they noted that they expected it be filed before that 30-day mark. They also noted that the second quarter's 10-Q would be filed on time, with a deadline of Aug. 10....410 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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