Ixia Delays Third Quarter Report

In yet more bad news over at Calabasas-based Ixia, the company said late Monday that it is further delaying filing of its 10-Q financial report, for its third quarter of 2013. The company had already delayed the report until yesterday but failed to meet the deadline. Ixia has been dealing with the sudden forced resignation of President and CEO Victor Alston, who the company had revealed had falsified his educational background. Ixia said that as a result of that resignation, the company has tapped independent counsel to ensure the accuracy of its financial information and reporting. The company did not say whe it expects to file the 10-Q, but the company said it has not identified any material adjustments to its financial results for the third quarter of 2013.