secwatch.observer — SEC 8-K summary
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Issuer:     LIFECORE BIOMEDICAL, INC. DE (LFCR)
CIK:        0001005286
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001005286-24-000039
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EY declines reappointment as Lifecore auditor; cites material weaknesses in internal controls
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- Ernst & Young notified Lifecore on March 20, 2024 it will not stand for reappointment as auditor for FY ending May 26, 2024.
- EY issued adverse opinions on internal controls for FY2023 and FY2022 due to material weaknesses.
- EY's FY2022 audit report included a going-concern explanatory paragraph.
- No accounting disagreements; company is actively seeking a new independent registered public accounting firm.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005286/000100528624000039/0001005286-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005286/000100528624000039/lndc-20240320.htm
  HTML page:      https://secwatch.observer/filing/0001005286-24-000039

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