USBC, Inc. USBC (last ticker on record)

CIK 1074828Its SEC filings (opens in a new tab)

Restatement
Delisting notice (not a red flag)
95% wipeout

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 Mar 2025
Largest fall in its shares: 98%; Apr 2016 to Jul 2017
Law firms: 11; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Mar 31, 2026Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 13, 2025Shares down 95% from their high
Feb 28, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 3, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 11, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 2, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 14, 2020Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Jan 22, 2020Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jun 27, 2017Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
May 25, 2017Shares down 95% from their high

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
Holland & Hart	Sep 2025	Named in a filing	240	0.82	0.92	0.86
Dentons Durham Jones Pinegar P.C.	Mar 2024	Named in SEC correspondence	9	0.00	0.00	0.36
Brownstein Hyatt Farber Schreck, LLP	Sep 2023	Named in a filing	223	0.67	0.75	0.97
Proskauer Rose	Sep 2023	Named in SEC correspondence	492	1.15	0.48	1.08
Bevilacqua PLLC	Jul 2022	Named in a filing	87	0.88	0.88	1.31
Lockett + Horwitz, A Professional Law Corp.	May 2021	Named in SEC correspondence	5	0.00	13.23	2.61
Horwitz + Armstrong, A Professional Law Corporation	Mar 2016	Named in SEC correspondence	8	1.32	7.14	1.78
Lowenstein Sandler	Oct 2013	Named in a filing	297	1.12	0.70	1.42
Fifth Avenue Law Group	Jul 2013	Named in SEC correspondence	6	1.41	2.80	1.41
Monahan & Biagi	Aug 2005	Named in SEC correspondence	6	0.00	0.00	1.61
Collins Barrow	Aug 2005	Text search only	17	0.52	2.65	1.22

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
Daniel FormanProskauer Rose	Sep 2025	Named in a filing	30	0.56	0.00	0.93
Joshua E. LittleDurham Jones & Pinegar	Mar 2024	Named in SEC correspondence	9	0.00	0.00	0.95
Ben D. OrlanskiManatt, Phelps & Phillips, LLP	Sep 2023	Named in a filing	13	1.42	1.95	2.02
Louis RamboProskauer Rose	Sep 2023	Named in SEC correspondence	18	0.92	25.32	1.13
Matthew S. O'LoughlinManatt, Phelps & Phillips, LLP	Sep 2023	Named in a filing	9	1.04	1.94	1.74
Louis A. BevilacquaBevilacqua PLLC	Jul 2022	Named in SEC correspondence	103	0.92	1.97	1.30
Jessica M. LockettHorwitz + Armstrong, A Professional Law Corporation	Aug 2018	Named in SEC correspondence	15	0.95	3.00	1.26
Lawrence W. HorwitzHorwitz & Beam	May 2016	Named in SEC correspondence	21	1.25	1.20	1.67
Christopher L. TinenProcopio, Cory, Hargreaves & Savitch LLP	Mar 2016	Named in SEC correspondence	22	1.32	5.75	1.17
James F. Biagi Jr.Monahan & Biagi	Aug 2005	Named in SEC correspondence	7	1.25	1.38	2.12