SALIX PHARMACEUTICALS LTD SLXP (last ticker on record)

CIK 1009356Its SEC filings (opens in a new tab)

Restatement
Restructuring
Delisting notice (not a red flag)
SEC/DOJ scrutiny

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: 3; Newest began Oct 2018
Largest fall in its shares: —; None of 95% on record
Law firms: 9; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Oct 1, 2018SEC enforcement releaseSEC release (opens in a new tab)
Oct 1, 2018An SEC release names it, an officer or its stockSEC release (opens in a new tab)
Jun 9, 2016A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
Apr 1, 2015Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Apr 1, 2015Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 2, 2015A filing mentions cooperating with the SECForm 10-K (opens in a new tab)
Jan 28, 2015Said 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
Sullivan & Cromwell	Apr 2015	Named in a filing	1,047	1.40	0.15	0.69
Cadwalader Wickersham & Taft	Nov 2014	Named in SEC correspondence	305	1.14	0.24	0.95
Covington & Burling	Dec 2013	Named in SEC correspondence	447	1.07	0.27	0.99
Wyrick Robbins Yates & Ponton LLP	Oct 2000	Named in SEC correspondence	113	0.71	0.68	1.07
Harney Westwood & Riegels	Oct 1997	Named in a filing	238	1.34	1.02	0.76
Wilson Sonsini Goodrich & Rosati	Aug 1997	Named in a filing	1,468	1.09	0.60	1.42
Shearman & Sterling	May 2014	Text search only	2,649	1.21	0.13	0.87
Hyman Phelps & McNamara	Feb 2002	Text search only	105	0.94	0.95	1.08
VENTURE LAW GROUP	Feb 2002	Text search only	127	1.32	1.04	1.23

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Alison S. ResslerSullivan & Cromwell	Apr 2015	Named in a filing	37	1.84	0.00	1.02
Sarah P. PayneSullivan & Cromwell	Apr 2015	Named in a filing	25	0.87	0.00	0.42
Gregory P. Patti Jr.Cadwalader Wickersham & Taft	Mar 2015	Named in a filing	28	3.45	0.00	0.62
Christopher T. CoxCadwalader Wickersham & Taft	Nov 2014	Named in SEC correspondence	11	2.34	0.00	0.32
Jeffrey M. SmithWyrick Robbins Yates & Ponton LLP	Jul 2006	Named in SEC correspondence	6	2.31	0.00	0.00
Donald R. ReynoldsWyrick Robbins Yates & Ponton LLP	Dec 2000	Named in SEC correspondence	41	0.87	0.38	0.98
Alexander M. DonaldsonWyrick Robbins Yates & Ponton LLP	Oct 2000	Named in a filing	29	1.15	0.00	1.35
DOUGLAS H. COLLOMWilson Sonsini Goodrich & Rosati	Aug 1997	Named in a filing	18	2.56	0.00	0.51
Robert F. KornegayWilson Sonsini Goodrich & Rosati	Aug 1997	Named in a filing	29	1.09	0.00	1.49
Rosemary G. ReillyWILMER, CUTLER & PICKERING	Aug 1997	Named in a filing	24	1.01	0.00	1.32