Powerfleet, Inc. AIOT (last ticker on record)
CIK 1774170Its 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 Apr 2024
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 2
- 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)
- 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.
- Olshan Frome Wolosky LLPFirst linked May 2019 · Named in SEC correspondence · 390 linked companiesSEC/DOJ scrutiny 1.38× · Went dark 0.86× · 95% wipeout 1.22×
- Latham & Watkins LLPFirst linked Jul 2019 · Text search only · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Sullivan & Worcester LLPFirst linked May 2019 · Text search only · 212 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.45× · 95% wipeout 1.06×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Olshan Frome Wolosky LLP | May 2019 | Named in SEC correspondence | 390 | 1.38 | 0.86 | 1.22 |
| Latham & Watkins LLP | Jul 2019 | Text search only | 2,667 | 0.98 | 0.31 | 1.10 |
| Sullivan & Worcester LLP | May 2019 | Text search only | 212 | 0.95 | 0.45 | 1.06 |
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.
- Michael R. NeidellOlshan Frome Wolosky LLPFirst linked Jul 2019 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.74× · Went dark 0.00× · 95% wipeout 0.57×
- Jeffrey S. SpindlerOlshan Frome Wolosky LLPFirst linked May 2019 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 1.93× · 95% wipeout 1.35×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Michael R. NeidellOlshan Frome Wolosky LLP | Jul 2019 | Named in SEC correspondence | 14 | 0.74 | 0.00 | 0.57 |
| Jeffrey S. SpindlerOlshan Frome Wolosky LLP | May 2019 | Named in SEC correspondence | 15 | 1.10 | 1.93 | 1.35 |