Ominto, Inc. OMNT (last ticker on record)

CIK 1097792Its SEC filings (opens in a new tab)

Delisting notice (not a red flag)
Restatement
Went dark (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: 1; Newest began Nov 2017
Largest fall in its shares: —; None of 95% on record
Law firms: 9; Linked to 5 or more companies
Lawyers: 6; Linked to 5 or more companies

What happened

Apr 30, 2019SEC action against a company that stopped filingSEC order (opens in a new tab)
May 14, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 5, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 28, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 8, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 6, 2017Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Aug 24, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 28, 2013Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Feb 8, 2013Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Jan 25, 2013Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Dec 18, 2012Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Dec 6, 2011Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Dec 21, 2010Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Dec 16, 2010Said 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
Gordon & Rees	Sep 2015	Named in SEC correspondence	14	0.60	2.44	0.45
Duane Morris	May 2014	Named in SEC correspondence	413	0.76	1.28	1.06
Edwards Wildman Palmer	Nov 2011	Named in SEC correspondence	54	0.88	0.43	0.80
Edwards Angell Palmer & Dodge	Sep 2011	Named in SEC correspondence	76	0.83	0.66	1.38
Leslie J. Croland	Sep 2011	Named in SEC correspondence	11	0.68	1.75	0.76
Hunton & Williams	Jul 2010	Named in SEC correspondence	404	1.06	0.36	0.65
Williams Schifino Mangione & Steady	Jul 2005	Named in a filing	7	1.12	2.84	1.44
Frascona, Joiner, Goodman and Greenstein, P.C.	Jun 2003	Named in a filing	58	1.38	1.47	0.91
Schifino & Fleischer, P.A.	Jun 2003	Text search only	13	2.40	0.89	0.86

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
Lisa KleinRichardson & Patel LLP	Nov 2015	Named in SEC correspondence	6	0.00	1.24	1.45
Leslie J. CrolandEdwards Angell Palmer & Dodge	Sep 2011	Named in SEC correspondence	14	1.09	1.69	1.08
David E. WellsHunton & Williams	Jul 2010	Named in SEC correspondence	6	0.00	3.07	0.00
Jonathan L. ShepardSiegel, Lipman, Dunay, Shepard & Miskel, LLP	Jan 2010	Named in SEC correspondence	8	2.21	1.86	1.15
William J. SchifinoSchifino & Fleischer, P.A.	Aug 2005	Named in a filing	12	1.88	1.65	0.95
Gary S. JoinerFrascona, Joiner, Goodman and Greenstein, P.C.	Jun 2003	Named in a filing	47	1.50	1.55	0.85