BROADWAY FINANCIAL CORP BYFC (last ticker on record)
CIK 1001171Its SEC filings (opens in a new tab)
- 95% wipeout
- Restatement
- Delisting notice (not a red flag)
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 2
- Newest began Oct 2025
- Largest fall in its shares
- 95%
- Feb 2004 to May 2024
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Arnold & PorterFirst linked Nov 2013 · Named in SEC correspondence · 254 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.11× · 95% wipeout 0.84×
- Mayer BrownFirst linked Dec 1996 · Named in a filing · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Sullivan & CromwellFirst linked Jan 2021 · Text search only · 1,047 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.15× · 95% wipeout 0.69×
- Wachtell Lipton Rosen & KatzFirst linked Jan 2021 · Text search only · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Hughes Hubbard & ReedFirst linked Feb 2020 · Text search only · 121 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.21× · 95% wipeout 1.26×
- Cadwalader Wickersham & TaftFirst linked Nov 2013 · Text search only · 305 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.24× · 95% wipeout 0.95×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Arnold & Porter | Nov 2013 | Named in SEC correspondence | 254 | 1.03 | 0.11 | 0.84 |
| Mayer Brown | Dec 1996 | Named in a filing | 680 | 0.98 | 0.34 | 0.94 |
| Sullivan & Cromwell | Jan 2021 | Text search only | 1,047 | 1.40 | 0.15 | 0.69 |
| Wachtell Lipton Rosen & Katz | Jan 2021 | Text search only | 889 | 1.31 | 0.07 | 0.59 |
| Hughes Hubbard & Reed | Feb 2020 | Text search only | 121 | 1.17 | 0.21 | 1.26 |
| Cadwalader Wickersham & Taft | Nov 2013 | Text search only | 305 | 1.14 | 0.24 | 0.95 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Edward A. DeibertCooley LLPFirst linked Jan 2021 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 2.60× · Went dark 0.00× · 95% wipeout 0.79×
- James R. WaltherMayer BrownFirst linked Dec 1996 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 0.46× · Went dark 2.81× · 95% wipeout 0.56×
- Mitchell S. EitelSullivan & CromwellFirst linked Jan 2021 · Text search only · 29 linked companiesSEC/DOJ scrutiny 1.87× · Went dark 0.00× · 95% wipeout 0.49×
- Nicholas G. DemmoWachtell Lipton Rosen & KatzFirst linked Jan 2021 · Text search only · 62 linked companiesSEC/DOJ scrutiny 1.60× · Went dark 0.00× · 95% wipeout 0.85×
- Gary J. SimonHughes Hubbard & ReedFirst linked Feb 2020 · Text search only · 38 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.14×
- William P. MillsCadwalader Wickersham & TaftFirst linked Nov 2013 · Text search only · 18 linked companiesSEC/DOJ scrutiny 0.99× · Went dark 0.00× · 95% wipeout 0.67×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Edward A. DeibertCooley LLP | Jan 2021 | Named in SEC correspondence | 9 | 2.60 | 0.00 | 0.79 |
| James R. WaltherMayer Brown | Dec 1996 | Named in SEC correspondence | 15 | 0.46 | 2.81 | 0.56 |
| Mitchell S. EitelSullivan & Cromwell | Jan 2021 | Text search only | 29 | 1.87 | 0.00 | 0.49 |
| Nicholas G. DemmoWachtell Lipton Rosen & Katz | Jan 2021 | Text search only | 62 | 1.60 | 0.00 | 0.85 |
| Gary J. SimonHughes Hubbard & Reed | Feb 2020 | Text search only | 38 | 0.48 | 0.00 | 1.14 |
| William P. MillsCadwalader Wickersham & Taft | Nov 2013 | Text search only | 18 | 0.99 | 0.00 | 0.67 |