PROSPECT GLOBAL RESOURCES INC. PGRX (last ticker on record)
CIK 1477032Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- 95% wipeout
- Restatement
- Went dark (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 Dec 2013
- Largest fall in its shares
- 99%
- Apr 2012 to Oct 2014
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (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)
- 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)
- Shares down 95% from their high
- Delisting notice (Item 3.01)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.
- Brownstein Hyatt Farber Schreck, LLPFirst linked Apr 2011 · Named in SEC correspondence · 223 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 0.75× · 95% wipeout 0.97×
- ANSLOW & JACLIN, LLPFirst linked Dec 2009 · Named in SEC correspondence · 375 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 1.40× · 95% wipeout 0.93×
- Morrison & FoersterFirst linked Oct 2013 · Text search only · 825 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.55× · 95% wipeout 1.15×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brownstein Hyatt Farber Schreck, LLP | Apr 2011 | Named in SEC correspondence | 223 | 0.67 | 0.75 | 0.97 |
| ANSLOW & JACLIN, LLP | Dec 2009 | Named in SEC correspondence | 375 | 1.17 | 1.40 | 0.93 |
| Morrison & Foerster | Oct 2013 | Text search only | 825 | 1.17 | 0.55 | 1.15 |
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.
- Jeffrey M. KnetschBrownstein Hyatt Farber Schreck, LLPFirst linked Mar 2012 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 0.50× · Went dark 1.95× · 95% wipeout 1.22×
- Gregg E. JaclinANSLOW & JACLIN, LLPFirst linked Dec 2009 · 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 |
|---|---|---|---|---|---|---|
| Jeffrey M. KnetschBrownstein Hyatt Farber Schreck, LLP | Mar 2012 | Named in SEC correspondence | 16 | 0.50 | 1.95 | 1.22 |
| Gregg E. JaclinANSLOW & JACLIN, LLP | Dec 2009 | Named in SEC correspondence | 338 | 1.23 | 1.39 | 0.89 |