CBA Florida, Inc. CBAI (last ticker on record)

CIK 1289496Its SEC filings (opens in a new tab)

95% wipeout
Restatement
Restructuring

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: 3; Newest began Oct 2013
Largest fall in its shares: 99%; May 2006 to Mar 2015
Law firms: 11; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Oct 1, 2013Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
May 25, 2012Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Mar 21, 2011Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jan 24, 2008Shares down 95% from their high
Oct 18, 2006Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Sep 11, 2006Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jun 29, 2006Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jul 21, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jul 7, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jun 24, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
May 3, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Oct 22, 2004Debt accelerated (Item 2.04)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
Olshan Frome Wolosky LLP	Mar 2020	Named in SEC correspondence	390	1.38	0.86	1.22
Sichenzia Ross Ference LLP	Nov 2007	Named in a filing	1,005	1.27	1.62	1.26
Davis & Associates	Mar 2007	Named in a filing	16	1.89	2.52	2.45
Cane Clark LLP	Aug 2005	Named in a filing	143	1.25	1.17	0.97
K&L Gates	May 2005	Named in SEC correspondence	723	1.06	1.35	1.18
Greenberg Traurig	Apr 2020	Text search only	1,223	1.01	1.03	1.10
Libertas Law Group	Mar 2012	Text search only	9	3.01	2.19	1.62
Law Offices of Gary L. Blum	Jan 2012	Text search only	34	1.78	2.90	1.12
Luce Forward Hamilton & Scripps	Dec 2009	Text search only	80	0.85	1.20	0.90
Dilworth Paxson LLP	Dec 2007	Text search only	25	0.96	1.58	1.04
Grushko & Mittman	Jan 2007	Text search only	103	1.19	2.53	1.25

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
Jason D. CabicoOlshan Frome Wolosky LLP	Mar 2020	Named in SEC correspondence	7	2.46	0.00	1.39
Kenneth A. SchlesingerOlshan Frome Wolosky LLP	Mar 2020	Named in SEC correspondence	47	1.52	0.47	0.86
Gary L. BlumLaw Offices of Gary L. Blum	Jan 2012	Named in a filing	36	2.03	2.55	1.16
Darrin M. OcasioSichenzia Ross Ference LLP	Nov 2007	Named in a filing	143	1.16	1.72	1.16
Donald G. DavisDavis & Associates	Mar 2007	Named in a filing	26	1.64	1.26	1.81
Ronald S. HaligmanK&L Gates	Jul 2006	Named in SEC correspondence	36	0.77	1.66	1.10
Christopher K. DaviesK&L Gates	May 2005	Named in SEC correspondence	25	1.49	1.85	1.26
Clayton E. ParkerK&L Gates	May 2005	Named in SEC correspondence	129	1.18	1.96	1.28
Troy J. RilloK&L Gates	May 2005	Text search only	30	1.52	1.98	0.57