FCStone Group, Inc. FCSX (last ticker on record)
CIK 1297846Its SEC filings (opens in a new tab)
- Restatement
- 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
- 2
- Newest began Nov 2008
- Largest fall in its shares
- 97%
- Jan 2008 to Mar 2009
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- 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)
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.
- Shutts & BowenFirst linked Aug 2009 · Named in a filing · 39 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 1.09× · 95% wipeout 0.77×
- Stinson Morrison HeckerFirst linked Jun 2006 · Named in a filing · 93 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.00× · 95% wipeout 0.96×
- Dickinson Mackaman Tyler & HagenFirst linked Aug 2004 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 0.54× · Went dark 0.00× · 95% wipeout 1.27×
- Shook Hardy & BaconFirst linked Aug 2004 · Named in SEC correspondence · 35 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.00× · 95% wipeout 1.76×
- McDermott Will & EmeryFirst linked Aug 2004 · Text search only · 562 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.60× · 95% wipeout 1.14×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Shutts & Bowen | Aug 2009 | Named in a filing | 39 | 0.65 | 1.09 | 0.77 |
| Stinson Morrison Hecker | Jun 2006 | Named in a filing | 93 | 1.26 | 0.00 | 0.96 |
| Dickinson Mackaman Tyler & Hagen | Aug 2004 | Named in a filing | 9 | 0.54 | 0.00 | 1.27 |
| Shook Hardy & Bacon | Aug 2004 | Named in SEC correspondence | 35 | 1.07 | 0.00 | 1.76 |
| McDermott Will & Emery | Aug 2004 | Text search only | 562 | 0.97 | 0.60 | 1.14 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Craig L. EvansStinson Morrison Hecker | Aug 2004 | Named in a filing | 10 | 2.66 | 0.00 | 1.72 |