GYRODYNE CO OF AMERICA INC GYRO (last ticker on record)

CIK 44689Its SEC filings (opens in a new tab)

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 Apr 2014
Largest fall in its shares: 97%; Jun 2012 to Sep 2015
Law firms: 3; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

May 5, 2015Shares down 95% from their high
Apr 17, 2014Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Skadden, Arps, Slate, Meagher & Flom LLP	Oct 2013	Named in a filing	2,607	1.15	0.19	0.85
Cadwalader Wickersham & Taft	Nov 2006	Named in SEC correspondence	305	1.14	0.24	0.95
Farrell Fritz	Jan 2006	Named in SEC correspondence	10	0.74	1.84	0.67

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.

Dennis J. BlockCadwalader Wickersham & TaftFirst linked Apr 2002 · Named in SEC correspondence · 49 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.73× · 95% wipeout 1.23×

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Dennis J. BlockCadwalader Wickersham & Taft	Apr 2002	Named in SEC correspondence	49	1.46	0.73	1.23