If the SEC shuts down a company in the midst of trading it just means that the investors lose all their money. Eventually company reopens in the Grey Market where with very very few exceptions it languishes near nothing lows, b/c you can't place an order without broker assistance and no MM's are willing to handle it, if you've been down that road B4 you know it's usually something to avoid.
The SEC too often has an extremes approach: do nothing or bring out the sledgehammer.
As for this correlation with CBAI spell it out if you want here, let PPL decide for themselves. The part about what Schissler did for the company doesn't sound too bad in the long run and JIMO we're starting to see the positive results, but the operation hurt while it happened and meant amputating a few unnecessary limbs...
To glean from the podcast interview.