Liberty has requested a hearing before the Nasdaq Hearings Panel for continued listing of its securities. The company has received a delisting notice because of its failure to file the quarterly reports.

The chain of events began when KPMG resigned the account in December citing its concern over “tone at the top”. That firm was replaced on April 18 by Carr, Riggs & Ingram,  which resigned the position on June 5 without completing work on financial statements.