GROWLIFE, INC. PHOT (last ticker on record)
CIK 1161582Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Restructuring
- 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
- 4
- Newest began May 2021
- Largest fall in its shares
- 100%
- Mar 2014 to Sep 2023
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- SEC trading suspensionSEC order (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said 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.
- Horwitz + Armstrong, A Professional Law CorporationFirst linked Nov 2015 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 7.14× · 95% wipeout 1.78×
- Stubbs Alderton & Markiles, LLPFirst linked Dec 2010 · Named in SEC correspondence · 45 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.86× · 95% wipeout 0.94×
- Feldman WeinsteinFirst linked Sep 2003 · Named in a filing · 278 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 1.17× · 95% wipeout 1.20×
- Willkie FarrFirst linked Dec 2001 · Named in a filing · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- Fifth Avenue Law GroupFirst linked Nov 2015 · Text search only · 6 linked companiesSEC/DOJ scrutiny 1.41× · Went dark 2.80× · 95% wipeout 1.41×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Horwitz + Armstrong, A Professional Law Corporation | Nov 2015 | Named in SEC correspondence | 8 | 1.32 | 7.14 | 1.78 |
| Stubbs Alderton & Markiles, LLP | Dec 2010 | Named in SEC correspondence | 45 | 1.40 | 0.86 | 0.94 |
| Feldman Weinstein | Sep 2003 | Named in a filing | 278 | 0.92 | 1.17 | 1.20 |
| Willkie Farr | Dec 2001 | Named in a filing | 539 | 1.23 | 0.40 | 0.84 |
| Fifth Avenue Law Group | Nov 2015 | Text search only | 6 | 1.41 | 2.80 | 1.41 |
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.
- Jessica M. LockettHorwitz + Armstrong, A Professional Law CorporationFirst linked Aug 2018 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 3.00× · 95% wipeout 1.26×
- Christopher L. TinenProcopio, Cory, Hargreaves & Savitch LLPFirst linked Nov 2015 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 5.75× · 95% wipeout 1.17×
- Lawrence W. HorwitzHorwitz & BeamFirst linked Nov 2015 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 1.20× · 95% wipeout 1.67×
- Louis WhartonStubbs Alderton & Markiles, LLPFirst linked Dec 2010 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 1.82× · Went dark 1.85× · 95% wipeout 1.27×
- David N. FeldmanFeldman WeinsteinFirst linked Sep 2003 · Named in SEC correspondence · 145 linked companiesSEC/DOJ scrutiny 0.47× · Went dark 0.48× · 95% wipeout 1.16×
- William H. GumpWillkie FarrFirst linked Dec 2001 · Named in a filing · 16 linked companiesSEC/DOJ scrutiny 1.56× · Went dark 1.01× · 95% wipeout 0.75×
- Greg AkselrudStubbs Alderton & Markiles, LLPFirst linked Dec 2010 · Text search only · 9 linked companiesSEC/DOJ scrutiny 2.57× · Went dark 1.44× · 95% wipeout 1.68×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jessica M. LockettHorwitz + Armstrong, A Professional Law Corporation | Aug 2018 | Named in SEC correspondence | 15 | 0.95 | 3.00 | 1.26 |
| Christopher L. TinenProcopio, Cory, Hargreaves & Savitch LLP | Nov 2015 | Named in a filing | 22 | 1.32 | 5.75 | 1.17 |
| Lawrence W. HorwitzHorwitz & Beam | Nov 2015 | Named in a filing | 21 | 1.25 | 1.20 | 1.67 |
| Louis WhartonStubbs Alderton & Markiles, LLP | Dec 2010 | Named in SEC correspondence | 9 | 1.82 | 1.85 | 1.27 |
| David N. FeldmanFeldman Weinstein | Sep 2003 | Named in SEC correspondence | 145 | 0.47 | 0.48 | 1.16 |
| William H. GumpWillkie Farr | Dec 2001 | Named in a filing | 16 | 1.56 | 1.01 | 0.75 |
| Greg AkselrudStubbs Alderton & Markiles, LLP | Dec 2010 | Text search only | 9 | 2.57 | 1.44 | 1.68 |