DIGIASIA CORP. FAAS (last ticker on record)
CIK 1844981Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- 95% wipeout
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 2024
- Largest fall in its shares
- 98%
- May 2024 to May 2025
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- 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)
- 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.
- Conyers Dill & PearmanFirst linked Jun 2023 · Named in a filing · 531 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.35× · 95% wipeout 1.16×
- Winston & StrawnFirst linked Jun 2023 · Named in SEC correspondence · 585 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.60× · 95% wipeout 1.02×
- Ellenoff Grossman & Schole LLPFirst linked Feb 2021 · Named in SEC correspondence · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Maples and CalderFirst linked Feb 2021 · Named in a filing · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Reed SmithFirst linked Feb 2021 · Named in SEC correspondence · 487 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.13×
- Dentons Rodyk & DavidsonFirst linked Jun 2023 · Text search only · 14 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.54×
- Rajah & TannFirst linked Jun 2023 · Text search only · 53 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.82×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Conyers Dill & Pearman | Jun 2023 | Named in a filing | 531 | 0.89 | 0.35 | 1.16 |
| Winston & Strawn | Jun 2023 | Named in SEC correspondence | 585 | 1.18 | 0.60 | 1.02 |
| Ellenoff Grossman & Schole LLP | Feb 2021 | Named in SEC correspondence | 963 | 0.96 | 1.12 | 1.21 |
| Maples and Calder | Feb 2021 | Named in a filing | 1,144 | 0.95 | 0.26 | 0.92 |
| Reed Smith | Feb 2021 | Named in SEC correspondence | 487 | 1.15 | 0.77 | 1.13 |
| Dentons Rodyk & Davidson | Jun 2023 | Text search only | 14 | 0.00 | 0.00 | 0.54 |
| Rajah & Tann | Jun 2023 | Text search only | 53 | 0.00 | 0.00 | 0.82 |
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 J. BlankenshipWinston & StrawnFirst linked Jun 2023 · Named in SEC correspondence · 91 linked companiesSEC/DOJ scrutiny 0.23× · Went dark 1.13× · 95% wipeout 1.05×
- Rajiv KhannaNorton RoseFirst linked Jun 2023 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 1.73× · Went dark 0.00× · 95% wipeout 1.12×
- Ben SmolijWinston & StrawnFirst linked Jan 2023 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.08×
- Ari EdelmanReed SmithFirst linked Feb 2021 · Named in SEC correspondence · 53 linked companiesSEC/DOJ scrutiny 0.69× · Went dark 0.00× · 95% wipeout 1.49×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Michael J. BlankenshipWinston & Strawn | Jun 2023 | Named in SEC correspondence | 91 | 0.23 | 1.13 | 1.05 |
| Rajiv KhannaNorton Rose | Jun 2023 | Named in a filing | 9 | 1.73 | 0.00 | 1.12 |
| Ben SmolijWinston & Strawn | Jan 2023 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 1.08 |
| Ari EdelmanReed Smith | Feb 2021 | Named in SEC correspondence | 53 | 0.69 | 0.00 | 1.49 |