Fortunet, Inc. FNET (last ticker on record)
CIK 1337899Its SEC filings (opens in a new tab)
- Restatement
- 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
- 1
- Newest began Mar 2008
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (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.
- Greenberg TraurigFirst linked Jan 2010 · Named in SEC correspondence · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Lewis and RocaFirst linked Sep 2005 · Named in SEC correspondence · 46 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 1.60× · 95% wipeout 1.33×
- Morrison & FoersterFirst linked Sep 2005 · Named in a filing · 825 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.55× · 95% wipeout 1.15×
- Holland & KnightFirst linked Oct 2005 · Text search only · 413 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.82× · 95% wipeout 1.19×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Greenberg Traurig | Jan 2010 | Named in SEC correspondence | 1,223 | 1.01 | 1.03 | 1.10 |
| Lewis and Roca | Sep 2005 | Named in SEC correspondence | 46 | 1.25 | 1.60 | 1.33 |
| Morrison & Foerster | Sep 2005 | Named in a filing | 825 | 1.17 | 0.55 | 1.15 |
| Holland & Knight | Oct 2005 | Text search only | 413 | 1.17 | 0.82 | 1.19 |
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.
- Brian H. BlaneyGreenberg TraurigFirst linked Mar 2010 · Named in a filing · 29 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 1.03× · 95% wipeout 1.32×
- Michael J. BonnerKummer Kaempfer Bonner & RenshawFirst linked Nov 2009 · Named in a filing · 15 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 2.00× · 95% wipeout 0.53×
- Timothy J. HarrisMorrison & FoersterFirst linked Sep 2005 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- John F. KennedyFirst linked Oct 2005 · Text search only · 190 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.60× · 95% wipeout 1.17×
- Bruce A. MannMorrison & FoersterFirst linked Sep 2005 · Text search only · 19 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 0.00× · 95% wipeout 0.98×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brian H. BlaneyGreenberg Traurig | Mar 2010 | Named in a filing | 29 | 1.09 | 1.03 | 1.32 |
| Michael J. BonnerKummer Kaempfer Bonner & Renshaw | Nov 2009 | Named in a filing | 15 | 0.00 | 2.00 | 0.53 |
| Timothy J. HarrisMorrison & Foerster | Sep 2005 | Named in a filing | 5 | 0.00 | 0.00 | 0.00 |
| John F. Kennedy | Oct 2005 | Text search only | 190 | 1.52 | 0.60 | 1.17 |
| Bruce A. MannMorrison & Foerster | Sep 2005 | Text search only | 19 | 0.40 | 0.00 | 0.98 |