MobileBits Holdings Corp MBIT (last ticker on record)
CIK 1448780Its SEC filings (opens in a new tab)
- 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
- 1
- Newest began Aug 2014
- Largest fall in its shares
- 99%
- May 2011 to Feb 2015
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 4
- 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
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.
- Sichenzia Ross Ference LLPFirst linked Oct 2011 · Named in a filing · 1,005 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 1.62× · 95% wipeout 1.26×
- ANSLOW & JACLIN, LLPFirst linked Dec 2008 · Named in SEC correspondence · 375 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 1.40× · 95% wipeout 0.93×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sichenzia Ross Ference LLP | Oct 2011 | Named in a filing | 1,005 | 1.27 | 1.62 | 1.26 |
| ANSLOW & JACLIN, LLP | Dec 2008 | Named in SEC correspondence | 375 | 1.17 | 1.40 | 0.93 |
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.
- Christine MelilliANSLOW & JACLIN, LLPFirst linked Aug 2011 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.61× · 95% wipeout 2.24×
- Thomas SlusarczykANSLOW & JACLIN, LLPFirst linked Jun 2011 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.05×
- Eric M. SteinANSLOW & JACLIN, LLPFirst linked Mar 2010 · Named in a filing · 60 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.85× · 95% wipeout 1.45×
- Gregg E. JaclinANSLOW & JACLIN, LLPFirst linked Dec 2008 · Named in SEC correspondence · 338 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.39× · 95% wipeout 0.89×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Christine MelilliANSLOW & JACLIN, LLP | Aug 2011 | Named in SEC correspondence | 13 | 0.00 | 1.61 | 2.24 |
| Thomas SlusarczykANSLOW & JACLIN, LLP | Jun 2011 | Named in a filing | 5 | 0.00 | 0.00 | 2.05 |
| Eric M. SteinANSLOW & JACLIN, LLP | Mar 2010 | Named in a filing | 60 | 1.01 | 1.85 | 1.45 |
| Gregg E. JaclinANSLOW & JACLIN, LLP | Dec 2008 | Named in SEC correspondence | 338 | 1.23 | 1.39 | 0.89 |