Escala Group Inc said on Monday it received notification from Nasdaq officials that it would be delisted from the exchange effective Jan. 10 for failure to file its financial reports on time.

The auctioneer of collectibles said it had not filed its annual financial report for the fiscal year ended June 30, 2006, or its quarterly financial report for the quarter ended Sept. 30, with U.S. securities regulators.

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Posted: 01|9|07 at 8:57 am. Filed under: US Auction News.