MORGANS FOODS INC MRFD (last ticker on record)
CIK 68145Its SEC filings (opens in a new tab)
- 95% wipeout
- 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
- 2
- Newest began Jul 2009
- Largest fall in its shares
- 97%
- Feb 2007 to Jun 2011
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- 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
- 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.
- Tucker Ellis LLPFirst linked May 2013 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.75×
- Baker & HostetlerFirst linked Nov 1999 · Named in SEC correspondence · 231 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 1.12× · 95% wipeout 1.35×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Tucker Ellis LLP | May 2013 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.75 |
| Baker & Hostetler | Nov 1999 | Named in SEC correspondence | 231 | 1.11 | 1.12 | 1.35 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Robert LoeschBaker & Hostetler | May 2013 | Named in SEC correspondence | 6 | 1.41 | 0.00 | 1.79 |