Prairie Operating Co. PROP (last ticker on record)

CIK 1162896Its SEC filings (opens in a new tab)

Restatement
SEC/DOJ scrutiny
Restructuring
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: 4; Newest began Jun 2026
Largest fall in its shares: 98%; Dec 2021 to Jan 2023
Law firms: 10; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Jul 9, 2026Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 12, 2026Shares down 95% from their high
Nov 9, 2022Shares down 95% from their high
Sep 19, 2022Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Oct 11, 2011Far more SEC letters than usualSEC letter (opens in a new tab)
Mar 25, 2011Said 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
Norton Rose	Mar 2025	Named in SEC correspondence	304	1.11	0.52	1.24
Vinson & Elkins L.L.P.	Jun 2023	Named in SEC correspondence	783	1.09	0.11	1.03
Baker & McKenzie	Jan 2022	Named in SEC correspondence	587	1.07	0.72	1.00
CrowdCheck Law LLP	Nov 2019	Named in SEC correspondence	18	1.06	0.00	1.58
DLA Piper	Oct 2018	Named in SEC correspondence	1,184	1.00	0.45	1.20
Lucosky Brookman LLP	Jan 2012	Named in SEC correspondence	223	1.24	2.05	1.19
Frascona, Joiner, Goodman and Greenstein, P.C.	Oct 2006	Named in a filing	58	1.38	1.47	0.91
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC	Mar 2022	Text search only	149	0.72	1.18	1.15
CrowdCheck Law LLP (f/k/a KHLK LLP)	Nov 2019	Text search only	15	1.20	0.00	1.71
RANDALL W. HEINRICH	Sep 2003	Text search only	14	1.74	1.42	1.59

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
David J. MillerLatham & Watkins LLP	Feb 2024	Named in a filing	13	1.04	0.00	2.04
Samuel D. RettewLatham & Watkins LLP	Feb 2024	Named in a filing	10	0.00	0.00	1.72
T. Mark KellyVinson & Elkins L.L.P.	Jun 2023	Named in SEC correspondence	55	1.64	0.20	1.96
Roger W. BivansBaker & McKenzie	Jan 2022	Named in SEC correspondence	18	0.65	1.43	1.58
Andrew StephensonCrowdCheck Law LLP	Nov 2019	Named in SEC correspondence	8	0.00	0.00	1.54
Steven D. PidgeonDLA Piper	Oct 2018	Named in SEC correspondence	42	0.90	0.90	1.08
Joseph M. LucoskyLucosky Brookman LLP	Jan 2012	Named in SEC correspondence	188	1.24	1.81	1.24
Gary S. JoinerFrascona, Joiner, Goodman and Greenstein, P.C.	Oct 2006	Named in a filing	47	1.50	1.55	0.85
Randall W. Heinrich	Sep 2003	Text search only	17	1.96	0.79	1.43