In re ZZZZ Best Sec. Litig., 1989 U.S. Dist. LEXIS 8083, *33, Fed. Sec. L. Rep. (CCH) P94,485. 

Many older securities attorneys will remember the the famous rise and fall of wunderkind Barry Minkow who took his ZZZZ Best carpet cleaning business public based on phony disclosures and eventually went to prison.  For those who don't remember the case, it is an excellent cautionary tale for lawyers and accountants performing due diligence.  See Minkow Empire : ZZZZ Best: the House of Cards Falls (Los Angeles Times (Sept. 6, 1987).