Securities Sleuth on the Continuing Silence from Corrpro

Washington, District of Columbia, UNITED STATES


WASHINGTON, May 21, 2002 (PRIMEZONE) -- The Securities Sleuth has just completed an article which takes an in-depth look at the "accounting irregularities" announced by Corrpro (AMEX:CO). This complete article is available on the Sleuth Web site (http://www.securitiessleuth.com).

Back on March 20, Corrpro, a provider of corrosion control engineering services, announced that it had discovered accounting irregularities caused by apparent misconduct in its Australian subsidiary. Although its stock price plunged as a result, the company has released no additional information to its investors, even though this clearly could be a "life-threatening" situation for the company. However, additional information is available from a variety of sources, and the Sleuth has pieced these clues together.

As new financial irregularities and securities frauds emerge, the Securities Sleuth keeps its readers up to date by looking behind-the-scenes to examine how they took place, and to gauge their long-term impact on investors. More about these stories can be found on the Sleuth's Web site at http://www.securitiessleuth.com.


        

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