Call them the gang that couldn’t file in time.
In the first year that companies were required to complete their annual reports earlier than in prior years, 59 companies with at least $100 million market caps—roughly defined as accelerated filers—filed for extensions of the March 15 deadline. This compares with 54 companies that sought more time in 2003, according to an analysis by Glass, Lewis & Co., an independent institutional research firm.
