TECHNOLOGY & TELECOMMUNICATIONS

Styles on Video Stock Trading Halted: The Canoga Park company said the American Stock Exchange took the action in light of the resignation of its independent auditor and “possible material adjustments” to its financial statements. Last Friday, Styles on Video, which makes interactive imaging systems for beauty salons, said a class action was filed against it alleging violations of federal securities laws. It also announced that Kellogg & Andelson would no longer be its auditor because Thomas Leaper had resigned as Styles on Video chief operating and financial officer to join the accounting firm. Styles on Video’s common stock plunged 41% in value Tuesday to $2.81 a share. The company said it was cooperating with the Amex and that the halt in trading of its stock would have no effect on its operations.