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NEWTOWN SQUARE, PA-GMH Communities Trust again delays the filingof its 2005 annual report on Form 10-K with the SEC while anindependent audit by Ernst & Young continues. According to astatement from the locally based specialty REIT, it expects to filethe 10-K no later than May 15. For previous GlobeSt.com coverage,clickhere.

The same statement reports that Bradley Harris, CFO, has beenterminated from employment and replaced by Dennis J. O'Leary asinterim CFO. O'Leary, a certified public accountant, has been amember of the GMH board since the company's initial public offeringin late 2004. On March 13, as CFO, Harris initiated the eventsleading to the audit in a letter to the company's audit committeein which he alleged "a 'tone at the top' problem with companymanagement." The letter has not been made public.