APPALACHIAN BANCSHARES INC APAB (last ticker on record)
CIK 1019883Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
- Restructuring
- Went dark (not a red flag)
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 Mar 2010
- Largest fall in its shares
- 99%
- Sep 2006 to Jul 2010
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- 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)
- Delisting notice (Item 3.01)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.
- Smith, Gambrell & Russell, LLPFirst linked Jan 2004 · Named in a filing · 92 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.05× · 95% wipeout 1.20×
- Paul HastingsFirst linked Dec 1999 · Named in a filing · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- Richards, Layton & Finger, P.A.First linked Dec 1999 · Named in a filing · 995 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.37× · 95% wipeout 0.80×
- Troutman Sanders LLPFirst linked May 1997 · Named in a filing · 335 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.61× · 95% wipeout 1.16×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Smith, Gambrell & Russell, LLP | Jan 2004 | Named in a filing | 92 | 0.96 | 1.05 | 1.20 |
| Paul Hastings | Dec 1999 | Named in a filing | 768 | 0.98 | 0.72 | 1.09 |
| Richards, Layton & Finger, P.A. | Dec 1999 | Named in a filing | 995 | 1.46 | 0.37 | 0.80 |
| Troutman Sanders LLP | May 1997 | Named in a filing | 335 | 1.15 | 0.61 | 1.16 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Elizabeth NoePaul Hastings | Dec 1999 | Named in a filing | 24 | 1.36 | 2.59 | 1.46 |