MGT CAPITAL INVESTMENTS, INC. MGTI (last ticker on record)

CIK 1001601Its SEC filings (opens in a new tab)

Restructuring
Restatement
Delisting notice (not a red flag)
95% wipeout
SEC/DOJ scrutiny

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: 4; Newest began Nov 2019
Largest fall in its shares: 99%; Dec 2017 to Aug 2024
Law firms: 9; Linked to 5 or more companies
Lawyers: 6; Linked to 5 or more companies

What happened

Nov 6, 2019A filing mentions cooperating with the SECForm 8-K (opens in a new tab)
Sep 11, 2018Shares down 95% from their high
Apr 2, 2018A filing mentions an SEC subpoenaForm 10-K (opens in a new tab)
Apr 20, 2017A filing mentions an SEC subpoenaForm 10-K (opens in a new tab)
Oct 21, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 20, 2016A filing mentions an SEC subpoenaForm 8-K (opens in a new tab)
Jun 17, 2016A filing mentions a formal order of investigationForm 8-K (opens in a new tab)
May 17, 2013Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Oct 12, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 24, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 31, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 9, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 29, 2011Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 14, 2011Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 12, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 13, 2005Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 27, 2005Debt accelerated (Item 2.04)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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Nason, Yeager, Gerson, Harris & Fumero, P.A.	Jul 2021	Named in a filing	51	1.20	1.08	1.41
Kramer Levin Naftalis	May 2017	Named in SEC correspondence	304	0.95	0.68	1.16
Olshan Frome Wolosky LLP	Feb 2014	Named in a filing	390	1.38	0.86	1.22
Sichenzia Ross Ference LLP	Nov 2012	Named in SEC correspondence	1,005	1.27	1.62	1.26
Gersten Savage LLP	Oct 2011	Named in SEC correspondence	137	1.20	1.38	1.22
Mayer Brown	Jun 2008	Named in SEC correspondence	680	0.98	0.34	0.94
CHRISTY & VIENER	Dec 2001	Named in a filing	6	3.28	1.19	5.46
SALANS HERTZFELD HEILBRONN CHRISTY & VIENER	Dec 2001	Named in a filing	5	1.98	1.53	4.35
Ellenoff Grossman & Schole LLP	Jun 2018	Text search only	963	0.96	1.12	1.21

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Brian S. BernsteinNason, Yeager, Gerson, Harris & Fumero, P.A.	Jul 2021	Named in SEC correspondence	21	1.45	1.13	1.93
Michael D. HarrisNason, Yeager, Gerson, Harris & Fumero, P.A.	Jul 2021	Named in a filing	37	1.44	1.26	1.85
Kenneth A. SchlesingerOlshan Frome Wolosky LLP	Jun 2019	Named in a filing	47	1.52	0.47	0.86
Jay M. KaplowitzGersten Savage LLP	Mar 2014	Named in SEC correspondence	43	0.98	0.78	1.00
Arthur S. MarcusSichenzia Ross Ference LLP	Jun 2012	Named in SEC correspondence	75	1.11	0.73	1.39
John H. RileyGersten Savage LLP	Oct 2011	Named in SEC correspondence	5	1.76	0.00	1.80