On 11/17/2009, Argyle Security, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Argyle Security, Inc. approved the amendment and restatement of the company's Bylaws. The company amended Article I, Article II, Article III, Article IV, Article V, Article VI, Article VII, and Article VIII.

Argyle Security Inc. announced that it has confirmed and ratified the actions taken by the majority stockholder group led by MML Capital Partners LLC, as advisor to, and on behalf of, Mezzanine Management Fund IV A, L.P. and Mezzanine Management Fund IV Coinvest A, L.P. As a result, MML has dismissed without prejudice its application with the Delaware Court of Chancery under Section 225 of the Delaware General Corporation Law. In connection with this, the number of directors constituting the entire Argyle Board has been reduced from fourteen to seven. Directors affiliated with MML constitute four of the seven directors and consist of James Read, Robert Davies, Mark Evers and Shawn St. Jean. The other three remaining board members are Roni Chaimovski, Bob Marbut, and Dean H. Blythe. Each of the following directors resigned from Argyle's board: Lloyd Campbell, Wesley Clark, Bradley Jay, Bal Johal, Luke Jones, John Smith and Ian Wallis.