OFA Group OFAL (last ticker on record)
CIK 2036307Its SEC filings (opens in a new tab)
- 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
- 1
- Newest began Oct 2026
- Largest fall in its shares
- 96%
- Apr 2026 to Nov 2026
- Law firms
- 3
- 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)
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.
- Ellenoff Grossman & Schole LLPFirst linked Sep 2024 · Named in SEC correspondence · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Sheppard MullinFirst linked Sep 2024 · Named in SEC correspondence · 392 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.81× · 95% wipeout 1.22×
- Ogier (Cayman)First linked Sep 2024 · Text search only · 308 linked companiesSEC/DOJ scrutiny 0.83× · Went dark 0.00× · 95% wipeout 0.80×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Ellenoff Grossman & Schole LLP | Sep 2024 | Named in SEC correspondence | 963 | 0.96 | 1.12 | 1.21 |
| Sheppard Mullin | Sep 2024 | Named in SEC correspondence | 392 | 1.12 | 0.81 | 1.22 |
| Ogier (Cayman) | Sep 2024 | Text search only | 308 | 0.83 | 0.00 | 0.80 |
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.
- Barry I. GrossmanEllenoff Grossman & Schole LLPFirst linked Sep 2024 · Named in a filing · 187 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.25× · 95% wipeout 1.32×
- Richard A. FriedmanSichenzia Ross Ference LLPFirst linked Sep 2024 · Named in SEC correspondence · 190 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 1.93× · 95% wipeout 1.29×
- Lijia SanchezEllenoff Grossman & Schole LLPFirst linked Sep 2024 · Text search only · 49 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.05×
- Stephen A. CohenSheppard MullinFirst linked Sep 2024 · Text search only · 36 linked companiesSEC/DOJ scrutiny 2.07× · Went dark 3.49× · 95% wipeout 1.79×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Barry I. GrossmanEllenoff Grossman & Schole LLP | Sep 2024 | Named in a filing | 187 | 0.98 | 1.25 | 1.32 |
| Richard A. FriedmanSichenzia Ross Ference LLP | Sep 2024 | Named in SEC correspondence | 190 | 1.27 | 1.93 | 1.29 |
| Lijia SanchezEllenoff Grossman & Schole LLP | Sep 2024 | Text search only | 49 | 0.00 | 0.00 | 1.05 |
| Stephen A. CohenSheppard Mullin | Sep 2024 | Text search only | 36 | 2.07 | 3.49 | 1.79 |