SPARE BACKUP, INC. SPBU (last ticker on record)

CIK 1103577Its SEC filings (opens in a new tab)

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 Sep 2005
Largest fall in its shares: —; None of 95% on record
Law firms: 7; Linked to 5 or more companies
Lawyers: 5; Linked to 5 or more companies

What happened

Oct 28, 2016SEC action against a company that stopped filingSEC order (opens in a new tab)
Nov 10, 2005Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Sep 29, 2005Said 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
SWIDLER & BERLIN, CHARTERED	Nov 2011	Named in SEC correspondence	78	0.98	1.75	1.36
Steven I. Weinberger	Mar 2005	Named in SEC correspondence	49	1.10	1.85	1.51
Schneider Weinberger LLP	Aug 2004	Named in SEC correspondence	77	1.59	2.20	1.44
Broad and Cassel	Aug 2001	Named in a filing	58	1.13	1.05	1.93
Kathleen L. Deutsch	Aug 2001	Named in a filing	9	0.00	2.77	3.39
Roxanne K. Beilly	Mar 2005	Text search only	44	1.21	2.14	1.45
Jenkens & Gilchrist	Mar 2005	Text search only	279	1.12	0.71	1.11

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
James M. SchneiderSchneider Weinberger LLP	Mar 2005	Named in SEC correspondence	69	1.69	2.51	1.47
Steven I. WeinbergerSchneider Weinberger LLP	Mar 2005	Text search only	47	1.33	1.75	1.32
Christopher S. AugusteKramer Levin Naftalis	Mar 2005	Text search only	90	1.83	1.24	1.42
Adam S. GottbetterGottbetter & Partners, LLP	Dec 2004	Text search only	65	1.48	1.10	0.91
Kathleen L. DeutschNelson Mullins	Aug 2001	Text search only	8	0.00	2.24	2.30