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Clarkson Hill has shares suspended for second time in 2010

Clarkson Hill has had its shares suspended on AIM for the second time this year.

The national IFA requested that trading in its shares was temporarily suspended pending clarification of the company’s regulatory position.

Clarkson Hill originally had its shares suspended on July 1, 2010, after the firm failed to publish its annual accounts. Clarkson Hill later revealed it was subject to a regulatory review of its systems and controls during the second half of last year, as it posted pre-tax losses of £636,699 for 2009. The company said independent consultants had reviewed the group’s processes and revisions have now taken place to bring them in line.

Last month, the firm announced it had received a takeover approach for the company.

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