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TCP stock price once again meets NYSE minimum standard

Chuck Soder - The lighting products company saw its stock price drop after it announced an internal investigation in November. On March 1, however, that price jumped back above the $1 minimum set by...

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TCP CEO to resign as company pushes to finish investigation, remain on NYSE

Chuck Soder - K.R. 'Kaj' den Daas plans to return to Europe for personal reasons, according to a news release from the lighting products company. It stated that his resignation is unrelated to an...

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TCP International Holdings announces president Solomon Yan's retirement

Scott Suttell - This is the second change in top leadership for the Aurora company, which announced last month that its CEO will step down on Oct. 3 for personal reasons.

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TCP International says actions of chairman, vice chairman led to 'material...

Scott Suttell - The Aurora lighting products company announced the results of a previously disclosed Audit Committee investigation into 'certain payments' made by TCP's chairman, Ellis Yan, and into...

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TCP International amends employment deals with its interim CEO, CFO

Scott Suttell - The Aurora lighting products company in a filing with the U.S. Securities and Exchange Commission outlined employment terms with CEO Brian Catlett and chief financial officer Zachary Guzy.

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TCP International stock suspended from trading on New York Stock Exchange

Scott Suttell - The Aurora lighting products company said it cannot meet a Nov. 25 deadline for filing financial reports to meet NYSE listing standards. TCP's stock effective Tuesday, Nov. 22, will be...

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TCP names new chairman after Yan brothers resign

Chuck Soder - George Strickler will replace former chairman Ellis Yan, whose actions caused 'a material weakness' in the lighting company's financial reporting processes. TCP also hired its interim CEO...

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Lighting company TCP International sues its former CEO

Scott Suttell - The Aurora firm claims Ellis Yan has violated his non-compete agreement with the launch of a company called Quality Light Source. It contends Yan and others at that company tried to...

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TCP International Holdings agrees to be bought by a group led by its former CEO

Scott Suttell - The deal would put Ellis Yan and his brother, Solomon Yan, back in charge of the Aurora-based maker of energy-efficient lighting products. The financially troubled TCP has a long and...

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TCP International Holdings plans to lay off 34 employees in Aurora

Scott Suttell - The maker of energy-efficient lighting products said in a filing with the state of Ohio that the layoffs, set for February, are the 'outcome of a pending merger and the need to...

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TCP International completes merger with company led by former CEO Ellis Yan

Scott Suttell - The Aurora-based maker of energy-efficient lighting products said it has closed its deal to combine with Quality Light Source GmbH, a company affiliated with Yan, TCP's former president...

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