TLC VISION CORP TLC (last ticker on record)
CIK 1010610Its SEC filings (opens in a new tab)
- 95% wipeout
- Restatement
- Delisting notice (not a red flag)
- Bankruptcy
- Restructuring
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
- 4
- Newest began Feb 2010
- Largest fall in its shares
- 99%
- Jul 1999 to May 2010
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 3
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- 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)
- 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
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.
- Proskauer RoseFirst linked Jun 2009 · Named in SEC correspondence · 492 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.48× · 95% wipeout 1.08×
- Torys LLPFirst linked Jan 2002 · Named in SEC correspondence · 170 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.44× · 95% wipeout 0.94×
- Thompson CoburnFirst linked Oct 2001 · Named in a filing · 85 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 1.01× · 95% wipeout 1.33×
- Arent FoxFirst linked Feb 2001 · Named in a filing · 90 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.94× · 95% wipeout 0.91×
- Husch & EppenbergerFirst linked Jun 2007 · Text search only · 26 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.93×
- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Oct 2001 · Text search only · 567 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.60× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Proskauer Rose | Jun 2009 | Named in SEC correspondence | 492 | 1.15 | 0.48 | 1.08 |
| Torys LLP | Jan 2002 | Named in SEC correspondence | 170 | 1.22 | 0.44 | 0.94 |
| Thompson Coburn | Oct 2001 | Named in a filing | 85 | 1.13 | 1.01 | 1.33 |
| Arent Fox | Feb 2001 | Named in a filing | 90 | 0.94 | 0.94 | 0.91 |
| Husch & Eppenberger | Jun 2007 | Text search only | 26 | 0.00 | 0.00 | 1.93 |
| Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Oct 2001 | Text search only | 567 | 0.92 | 0.60 | 1.20 |
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.
- Allan R. WilliamsProskauer RoseFirst linked Jun 2009 · Named in SEC correspondence · 11 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 4.68× · 95% wipeout 0.96×
- Andrew J. BeckTorys LLPFirst linked Jan 2002 · Named in SEC correspondence · 40 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 2.11× · 95% wipeout 1.15×
- Jeffrey E. JordanArent FoxFirst linked Feb 2001 · Named in a filing · 17 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 2.20× · 95% wipeout 1.10×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Allan R. WilliamsProskauer Rose | Jun 2009 | Named in SEC correspondence | 11 | 0.00 | 4.68 | 0.96 |
| Andrew J. BeckTorys LLP | Jan 2002 | Named in SEC correspondence | 40 | 1.08 | 2.11 | 1.15 |
| Jeffrey E. JordanArent Fox | Feb 2001 | Named in a filing | 17 | 0.48 | 2.20 | 1.10 |