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Perma-Fix says COO lied about college degree

From the "Fun with SEC Filings" department comes this gem of an 8-K filed by a little company called Perma-Fix Environmental Services (NYSE: PESI), which I'm quoting in its entirety:

On July 10, 2009, Perma-Fix Environmental Services, Inc. (the "Company") became aware that the academic credentials of Mr. Larry McNamara, Vice President and Chief Operating Officer of the Company, have been misreported in the Company's filings with the Securities and Exchange Commission ("SEC"). The incorrect information was provided to the Company by Mr. McNamara, and the Company relied on the information provided by Mr. McNamara. Mr. McNamara had incorrectly advised and represented to the Company that he was a graduate of the University of Iowa, which was incorrect. Mr. McNamara is not a college graduate. The Company will report the correct information regarding Mr. McNamara's academic credentials in future reports filed with the SEC. Although the Board of Directors of the Company is considering appropriate action, if any, to address this issue, the Board of Directors believes that Mr. McNamara's 10+ years of experience with the Company and 12+ additional years in the mixed waste and low level radioactive waste industries, including his former position with the U.S. Department of Defense, has demonstrated Mr. McNamara's requisite qualifications and abilities for his current office with the Company.

Continue reading Perma-Fix says COO lied about college degree

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Last updated: November 27, 2009: 06:39 AM

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