Press Releases
12/04/07 - MAYAGUEZ, Puerto Rico, December 4, 2007 — W Holding Company, Inc. (NYSE: WHI), the financial holding company for Westernbank Puerto Rico, confirmed today that the Company’s common stock has not been delisted from the New York Stock Exchange. While trading on the NYSE has been halted, the Company’s common stock continues to be actively traded on other markets, including the NYSE Arca.
11/15/07 - Mayagüez, Puerto Rico, November 15, 2007. W Holding Company, Inc. (NYSE: "WHI"), the financial holding company of Westernbank Puerto Rico, today announced that the Securities and Exchange Commission (SEC) has formally notified W Holding that the SEC investigation related to the other-than-temporary impairment charges announced by W Holding in April 2003 in connection with its investments in corporate bond and loan obligations has been completed and closed. No enforcement action has been recommended against W Holding or any of its officers.
11/15/07 - MAYAGUEZ, Puerto Rico, November 15, 2007 — W Holding Company, Inc. (NYSE: WHI), the financial holding company for Westernbank Puerto Rico, today announced that it had received a determination letter from the Nasdaq Listing Qualifications Panel relating to its failure to file its Form 10-Q for the quarter ended June 30, 2007. The determination letter states that the Company has until December 3, 2007 to provide Nasdaq with certain requested information relating to the Company’s previously announced investigation of the Inyx loan and related matters, and until December 31, 2007 to file its delinquent Form 10-Q for June 30, 2007.