SEELOS THERAPEUTICS, INC. SEEL (last ticker on record)

CIK 1017491Its SEC filings (opens in a new tab)

Delisting notice (not a red flag)
95% wipeout
Restructuring
Bankruptcy

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 Nov 2024
Largest fall in its shares: 99%; Jan 2019 to Nov 2024
Law firms: 13; Linked to 5 or more companies
Lawyers: 14; Linked to 5 or more companies

What happened

Nov 22, 2024Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Oct 15, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 3, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 3, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 3, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 20, 2023Shares down 95% from their high
May 26, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 23, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 22, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 17, 2021Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 13, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 24, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 17, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 7, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 10, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 16, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 1, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 21, 2016Shares down 95% from their high
Jun 3, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 13, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 6, 2016Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jan 3, 2013Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Feb 1, 2010Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 8, 2010Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 14, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 14, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 24, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 14, 2008Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 23, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 9, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 6, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 10, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 3, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 1, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 6, 2006Delisting notice (Item 3.01)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 & Worcester LLP	Aug 2024	Named in a filing	212	0.95	0.45	1.06
Paul Hastings	Aug 2018	Named in SEC correspondence	768	0.98	0.72	1.09
Ellenoff Grossman & Schole LLP	Mar 2017	Named in SEC correspondence	963	0.96	1.12	1.21
Ropes & Gray	Apr 2011	Named in SEC correspondence	914	0.98	0.14	0.92
Goodwin Procter	Apr 2010	Named in SEC correspondence	1,221	0.79	0.31	1.17
Brownstein Hyatt Farber Schreck, LLP	Jan 2007	Named in a filing	223	0.67	0.75	0.97
Katten Muchin Rosenman LLP	Jun 2005	Named in SEC correspondence	268	0.76	0.58	1.22
Latham & Watkins LLP	Jun 2005	Named in SEC correspondence	2,667	0.98	0.31	1.10
ROSENMAN & COLIN LLP	Jan 2001	Named in a filing	40	0.82	2.29	1.80
Bondy & Schloss LLP	Oct 2000	Named in a filing	40	0.90	1.46	0.21
Pryor Cashman	Dec 1999	Named in a filing	229	1.28	1.25	1.28
Foley Hoag	Aug 2018	Text search only	186	0.72	0.95	1.17
Feldman Weinstein	Jul 2003	Text search only	278	0.92	1.17	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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Eric VictorsonSullivan & Worcester LLP	Sep 2024	Named in a filing	26	0.85	0.00	0.35
Ron Ben-BassatSullivan & Worcester LLP	Aug 2024	Named in SEC correspondence	39	0.44	3.59	0.90
Jeff HartlinPaul Hastings	Dec 2023	Named in SEC correspondence	20	0.96	0.00	1.38
Jeffrey T. HartlinPaul Hastings	Aug 2018	Named in SEC correspondence	28	0.77	1.22	1.70
Samantha H. EldredgePaul Hastings	Aug 2018	Named in SEC correspondence	12	1.24	0.00	1.37
Robert F. CharronEllenoff Grossman & Schole LLP	Apr 2017	Named in SEC correspondence	62	1.42	1.11	1.26
Anthony GostanianLatham & Watkins LLP	Mar 2017	Named in SEC correspondence	18	0.00	0.00	1.20
Matthew T. BushLatham & Watkins LLP	Aug 2014	Named in SEC correspondence	50	0.21	0.00	1.23
David E. SchulmanDechert LLP	Dec 2011	Named in a filing	16	0.63	0.00	1.59
Kyle GuseHeller Ehrman	Aug 2010	Named in a filing	11	1.35	0.00	1.02
Ryan A. MurrGibson, Dunn & Crutcher LLP	Apr 2010	Named in SEC correspondence	77	0.53	0.77	0.66
ROBERT L. KOHLKatten Muchin Rosenman LLP	Jan 2001	Named in SEC correspondence	6	1.09	0.00	3.00
Jeffrey A. RindeBondy & Schloss LLP	Oct 2000	Named in a filing	33	1.86	1.96	0.48
Cheston J. LarsonLatham & Watkins LLP	Aug 2014	Text search only	46	0.33	0.34	1.55