Fortress Capital Acquisition Corp FCAX (last ticker on record)
CIK 1823733Its 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 Dec 2021
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 3
- 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)
- 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.
- Maples and CalderFirst linked Sep 2020 · Named in a filing · 1,145 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.90×
- Ropes & GrayFirst linked Sep 2020 · Named in SEC correspondence · 914 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.14× · 95% wipeout 0.91×
- Weil, Gotshal & Manges LLPFirst linked Sep 2020 · Named in SEC correspondence · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.89×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Maples and Calder | Sep 2020 | Named in a filing | 1,145 | 0.95 | 0.26 | 0.90 |
| Ropes & Gray | Sep 2020 | Named in SEC correspondence | 914 | 0.97 | 0.14 | 0.91 |
| Weil, Gotshal & Manges LLP | Sep 2020 | Named in SEC correspondence | 1,051 | 1.31 | 0.27 | 0.89 |
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.
- Alexander D. LynchWeil, Gotshal & Manges LLPFirst linked Sep 2020 · Named in SEC correspondence · 115 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.33× · 95% wipeout 1.40×
- Michael S. PiloFenwick & West LLPFirst linked Sep 2020 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.58×
- Paul D. TroppRopes & GrayFirst linked Sep 2020 · Named in SEC correspondence · 108 linked companiesSEC/DOJ scrutiny 0.86× · Went dark 0.00× · 95% wipeout 0.93×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alexander D. LynchWeil, Gotshal & Manges LLP | Sep 2020 | Named in SEC correspondence | 115 | 1.18 | 0.33 | 1.40 |
| Michael S. PiloFenwick & West LLP | Sep 2020 | Named in SEC correspondence | 26 | 0.00 | 0.00 | 0.58 |
| Paul D. TroppRopes & Gray | Sep 2020 | Named in SEC correspondence | 108 | 0.86 | 0.00 | 0.93 |