RAG SHOPS INC RAGS (last ticker on record)

CIK 874385Its SEC filings (opens in a new tab)

Restatement

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 Sep 2004
Largest fall in its shares: —; None of 95% on record
Law firms: 3; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Sep 13, 2004Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Hughes Hubbard & Reed	Sep 2004	Named in a filing	121	1.17	0.21	1.26
Sills Cummis & Gross	Sep 2004	Named in a filing	44	1.02	0.82	0.93
WOLFF & SAMSON	Oct 2004	Text search only	16	1.36	0.00	1.48

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 WEINSIERJenkens & GilchristFirst linked Oct 2004 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 1.48×