Forward Industries, Inc. FWDI (last ticker on record)
CIK 38264Its SEC filings (opens in a new tab)
- 95% wipeout
- Restatement
- SEC/DOJ scrutiny
- Restructuring
- 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
- 4
- Newest began Jul 2023
- Largest fall in its shares
- 98%
- Aug 2005 to Sep 2024
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 8
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- A filing mentions an SEC subpoenaForm 10-Q (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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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)
- Shares down 95% from their high
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.
- Nason, Yeager, Gerson, Harris & Fumero, P.A.First linked Sep 2016 · Named in a filing · 51 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 1.08× · 95% wipeout 1.41×
- Olshan Frome Wolosky LLPFirst linked Jun 2010 · Named in SEC correspondence · 390 linked companiesSEC/DOJ scrutiny 1.38× · Went dark 0.86× · 95% wipeout 1.22×
- Hogan & HartsonFirst linked Apr 2003 · Named in a filing · 390 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.30× · 95% wipeout 1.18×
- Squadron, Ellenoff, Plesent & Sheinfeld, LLPFirst linked Dec 1997 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 1.54× · 95% wipeout 2.17×
- Greenberg TraurigFirst linked Jun 2025 · Text search only · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Jul 2014 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Nason, Yeager, Gerson, Harris & Fumero, P.A. | Sep 2016 | Named in a filing | 51 | 1.20 | 1.08 | 1.41 |
| Olshan Frome Wolosky LLP | Jun 2010 | Named in SEC correspondence | 390 | 1.38 | 0.86 | 1.22 |
| Hogan & Hartson | Apr 2003 | Named in a filing | 390 | 1.03 | 0.30 | 1.18 |
| Squadron, Ellenoff, Plesent & Sheinfeld, LLP | Dec 1997 | Named in a filing | 22 | 1.27 | 1.54 | 2.17 |
| Greenberg Traurig | Jun 2025 | Text search only | 1,223 | 1.01 | 1.03 | 1.10 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Jul 2014 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
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.
- Brian A. PearlmanPearlman Law GroupFirst linked Jun 2025 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 1.57× · 95% wipeout 1.13×
- Brian S. BernsteinNason, Yeager, Gerson, Harris & Fumero, P.A.First linked Sep 2016 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 1.13× · 95% wipeout 1.93×
- Robert H. FriedmanOlshan Frome Wolosky LLPFirst linked Dec 2014 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 2.03× · 95% wipeout 2.11×
- Ron S. BerenblatOlshan Frome Wolosky LLPFirst linked Jul 2014 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.69× · Went dark 0.00× · 95% wipeout 1.94×
- Adam W. FinermanOlshan Frome Wolosky LLPFirst linked Feb 2013 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.00× · 95% wipeout 0.55×
- Jeffrey W. RubinEllenoff Grossman & Schole LLPFirst linked Apr 2003 · Named in a filing · 33 linked companiesSEC/DOJ scrutiny 1.98× · Went dark 0.00× · 95% wipeout 1.46×
- Kenneth R. KochMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Dec 1997 · Named in a filing · 63 linked companiesSEC/DOJ scrutiny 1.72× · Went dark 0.67× · 95% wipeout 1.86×
- Michael J. MiesSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jul 2014 · Text search only · 57 linked companiesSEC/DOJ scrutiny 1.98× · Went dark 0.00× · 95% wipeout 1.36×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brian A. PearlmanPearlman Law Group | Jun 2025 | Named in SEC correspondence | 29 | 0.67 | 1.57 | 1.13 |
| Brian S. BernsteinNason, Yeager, Gerson, Harris & Fumero, P.A. | Sep 2016 | Named in SEC correspondence | 21 | 1.45 | 1.13 | 1.93 |
| Robert H. FriedmanOlshan Frome Wolosky LLP | Dec 2014 | Named in SEC correspondence | 19 | 1.78 | 2.03 | 2.11 |
| Ron S. BerenblatOlshan Frome Wolosky LLP | Jul 2014 | Named in SEC correspondence | 12 | 0.69 | 0.00 | 1.94 |
| Adam W. FinermanOlshan Frome Wolosky LLP | Feb 2013 | Named in SEC correspondence | 27 | 1.21 | 0.00 | 0.55 |
| Jeffrey W. RubinEllenoff Grossman & Schole LLP | Apr 2003 | Named in a filing | 33 | 1.98 | 0.00 | 1.46 |
| Kenneth R. KochMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Dec 1997 | Named in a filing | 63 | 1.72 | 0.67 | 1.86 |
| Michael J. MiesSkadden, Arps, Slate, Meagher & Flom LLP | Jul 2014 | Text search only | 57 | 1.98 | 0.00 | 1.36 |