Power REIT PW (last ticker on record)
CIK 1532619Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- Restatement
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 Sep 2024
- Largest fall in its shares
- 99%
- Jan 2022 to May 2024
- Law firms
- 6
- 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)
- 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)
- 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.
- Blank RomeFirst linked Jan 2025 · Named in SEC correspondence · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Gracin & Marlow, LLPFirst linked Jul 2020 · Named in SEC correspondence · 55 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 2.34× · 95% wipeout 1.38×
- Neuberger, Quinn, Gielen, Rubin & Gibber, P.A.First linked Jul 2020 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.00× · 95% wipeout 0.85×
- Morrison Cohen LLPFirst linked Apr 2012 · Named in SEC correspondence · 74 linked companiesSEC/DOJ scrutiny 1.77× · Went dark 0.85× · 95% wipeout 1.15×
- Duane MorrisFirst linked Jan 2025 · Text search only · 413 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 1.28× · 95% wipeout 1.06×
- Moritt Hock & HamroffFirst linked May 2012 · Text search only · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.99× · 95% wipeout 1.16×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Blank Rome | Jan 2025 | Named in SEC correspondence | 348 | 1.04 | 0.79 | 1.36 |
| Gracin & Marlow, LLP | Jul 2020 | Named in SEC correspondence | 55 | 0.97 | 2.34 | 1.38 |
| Neuberger, Quinn, Gielen, Rubin & Gibber, P.A. | Jul 2020 | Named in a filing | 10 | 1.12 | 0.00 | 0.85 |
| Morrison Cohen LLP | Apr 2012 | Named in SEC correspondence | 74 | 1.77 | 0.85 | 1.15 |
| Duane Morris | Jan 2025 | Text search only | 413 | 0.76 | 1.28 | 1.06 |
| Moritt Hock & Hamroff | May 2012 | Text search only | 10 | 0.00 | 0.99 | 1.16 |
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.
- Hank GracinGracin & Marlow, LLPFirst linked Jul 2020 · Named in SEC correspondence · 77 linked companiesSEC/DOJ scrutiny 0.66× · Went dark 2.28× · 95% wipeout 1.53×
- Leslie MarlowBlank RomeFirst linked Jul 2020 · Named in SEC correspondence · 71 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 2.60× · 95% wipeout 1.43×
- Patrick J. EganGracin & Marlow, LLPFirst linked Jul 2020 · Named in SEC correspondence · 43 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 1.84× · 95% wipeout 1.89×
- Richard BaumannEllenoff Grossman & Schole LLPFirst linked Apr 2012 · Named in SEC correspondence · 23 linked companiesSEC/DOJ scrutiny 1.62× · Went dark 2.06× · 95% wipeout 1.47×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Hank GracinGracin & Marlow, LLP | Jul 2020 | Named in SEC correspondence | 77 | 0.66 | 2.28 | 1.53 |
| Leslie MarlowBlank Rome | Jul 2020 | Named in SEC correspondence | 71 | 0.58 | 2.60 | 1.43 |
| Patrick J. EganGracin & Marlow, LLP | Jul 2020 | Named in SEC correspondence | 43 | 0.40 | 1.84 | 1.89 |
| Richard BaumannEllenoff Grossman & Schole LLP | Apr 2012 | Named in SEC correspondence | 23 | 1.62 | 2.06 | 1.47 |