HAYWARD, Calif.--(BUSINESS WIRE)--IMPAX Laboratories, Inc. (OTC:IPXL) reported that on May 21, 2007, it filed with the Securities and Exchange Commission a timely petition asking the Commission to review the previously reported initial decision of an SEC Administrative Law Judge (ALJ) that, if upheld by the Commission itself, would revoke the registration of the Company’s common stock under section 12 of the Securities Exchange Act of 1934. The ALJ’s decision will not be effective during the pendency of the review proceedings.
