AIR INDUSTRIES GROUP AIRI (last ticker on record)

CIK 1009891Its SEC filings (opens in a new tab)

Restatement
95% wipeout
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 Aug 2009
Largest fall in its shares: 99%; Aug 2007 to Aug 2026
Law firms: 12; Linked to 5 or more companies
Lawyers: 7; Linked to 5 or more companies

What happened

Nov 29, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 30, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 25, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 24, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 19, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 16, 2009Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Aug 31, 2009Shares down 95% from their high
Apr 14, 2009Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Nov 12, 2008Said its accounts could not be relied on (Item 4.02)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
Ellenoff Grossman & Schole LLP	May 2022	Named in SEC correspondence	963	0.96	1.12	1.21
Mandelbaum Salsburg	Jun 2019	Named in SEC correspondence	12	0.00	1.41	0.76
Eaton & Van Winkle LLP	Feb 2006	Named in SEC correspondence	49	0.35	1.45	1.17
ANSLOW & JACLIN, LLP	Jun 2005	Named in SEC correspondence	375	1.17	1.40	0.93
Greenberg Traurig	Dec 2003	Named in a filing	1,223	1.01	1.03	1.10
Dechert LLP	Oct 2026	Text search only	434	0.84	0.41	0.96
Moore & Van Allen	Oct 2026	Text search only	131	0.66	0.17	0.90
Graubard Miller	Dec 2024	Text search only	418	0.92	0.75	1.16
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Oct 2012	Text search only	567	0.92	0.60	1.20
Wilentz Goldman & Spitzer	Oct 2012	Text search only	18	0.77	0.00	0.84
Goldstein & DiGioia	Feb 2006	Text search only	19	1.62	1.31	1.47
Phillips Nizer LLP	Feb 2006	Text search only	45	0.98	1.85	0.83

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
Jonathan J. RussoPillsbury Winthrop	May 2017	Named in SEC correspondence	10	1.26	1.76	1.18
Mark OrensteinEllenoff Grossman & Schole LLP	Jun 2013	Named in SEC correspondence	7	0.00	3.23	0.00
Vincent J. McGillEaton & Van Winkle LLP	Feb 2006	Named in SEC correspondence	28	0.34	2.27	1.56
Gregg E. JaclinANSLOW & JACLIN, LLP	Jul 2005	Named in SEC correspondence	338	1.23	1.39	0.89
Richard I. AnslowEllenoff Grossman & Schole LLP	Jun 2005	Named in SEC correspondence	153	1.23	1.12	0.95
William C. HicksMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Oct 2012	Text search only	33	0.40	0.00	0.94
Brian C. DaughneyBecker & Poliakoff LLP	Feb 2006	Text search only	37	1.25	1.71	1.58