Porch Group, Inc. PRCH (last ticker on record)

CIK 1784535Its SEC filings (opens in a new tab)

Restatement
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: 2; Newest began Nov 2022
Largest fall in its shares: 97%; Nov 2021 to Oct 2023
Law firms: 11; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Oct 3, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 14, 2023Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Nov 9, 2022Shares down 95% from their high
May 14, 2021Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Ashurst Perkins Coie US LLP	Oct 2026	Named in a filing	18	0.00	0.00	0.00
Honigman Miller Schwartz and Cohn LLP	Jul 2026	Named in a filing	159	0.92	0.69	0.88
Morris Nichols Arsht & Tunnell	Aug 2024	Named in a filing	256	1.51	0.21	0.89
Perkins Coie	Mar 2023	Named in SEC correspondence	511	0.93	0.27	0.98
Kirkland & Ellis	Oct 2020	Named in SEC correspondence	1,686	0.98	0.17	0.87
Sidley Austin	Oct 2020	Named in SEC correspondence	1,210	1.30	0.14	0.93
Ellenoff Grossman & Schole LLP	Sep 2019	Named in SEC correspondence	963	0.96	1.12	1.21
Cooley LLP	Jan 2021	Text search only	1,634	0.71	0.44	1.24
Dorsey & Whitney LLP	Oct 2020	Text search only	630	0.83	0.73	1.16
Graubard Miller	Nov 2019	Text search only	418	0.92	0.75	1.16
Wilson Sonsini Goodrich & Rosati	Nov 2019	Text search only	1,468	1.09	0.60	1.42

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Michael S. BenHonigman Miller Schwartz and Cohn LLP	Jul 2026	Named in a filing	17	0.52	0.00	0.00
Christopher WassmanPerkins Coie	Mar 2024	Named in a filing	6	0.00	0.00	0.00
Andrew B. MoorePerkins Coie	Jul 2023	Named in SEC correspondence	26	0.26	0.00	0.00
Brooks W. AntweilKirkland & Ellis	Oct 2020	Named in SEC correspondence	22	2.92	0.00	1.23
Christian O. NaglerKirkland & Ellis	Oct 2020	Named in SEC correspondence	260	0.89	0.00	1.01
Joshua DuClosSidley Austin	Oct 2020	Named in a filing	8	1.60	0.00	1.93
Michael P. HeinzSidley Austin	Oct 2020	Named in SEC correspondence	46	1.59	0.00	1.24
Douglas S. EllenoffEllenoff Grossman & Schole LLP	Sep 2019	Named in SEC correspondence	338	0.95	0.66	0.95
Joshua N. EnglardEllenoff Grossman & Schole LLP	Sep 2019	Named in SEC correspondence	58	0.95	1.58	0.98
Stuart NeuhauserEllenoff Grossman & Schole LLP	Sep 2019	Named in SEC correspondence	416	0.78	0.42	1.04