TENNECO INC TEN (last ticker on record)
CIK 1024725Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Restructuring
- Delisting notice (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 Jun 2020
- Largest fall in its shares
- 95%
- Feb 2017 to Apr 2020
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 3
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)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.
- Latham & Watkins LLPFirst linked Mar 2022 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Kirkland & EllisFirst linked May 2018 · Named in a filing · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Mayer BrownFirst linked Dec 2002 · Named in SEC correspondence · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Jenner & BlockFirst linked Apr 1997 · Named in a filing · 122 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.78× · 95% wipeout 0.94×
- Shearman & SterlingFirst linked Sep 2003 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Latham & Watkins LLP | Mar 2022 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Kirkland & Ellis | May 2018 | Named in a filing | 1,686 | 0.98 | 0.17 | 0.87 |
| Mayer Brown | Dec 2002 | Named in SEC correspondence | 680 | 0.98 | 0.34 | 0.94 |
| Jenner & Block | Apr 1997 | Named in a filing | 122 | 1.12 | 0.78 | 0.94 |
| Shearman & Sterling | Sep 2003 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
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.
- Bradley C. FarisLatham & Watkins LLPFirst linked Mar 2022 · Named in SEC correspondence · 38 linked companiesSEC/DOJ scrutiny 1.57× · Went dark 0.00× · 95% wipeout 0.24×
- Max SchleusenerLatham & Watkins LLPFirst linked Mar 2022 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Jodi A. SimalaMayer BrownFirst linked Aug 2003 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 0.57× · Went dark 0.00× · 95% wipeout 1.83×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Bradley C. FarisLatham & Watkins LLP | Mar 2022 | Named in SEC correspondence | 38 | 1.57 | 0.00 | 0.24 |
| Max SchleusenerLatham & Watkins LLP | Mar 2022 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 0.00 |
| Jodi A. SimalaMayer Brown | Aug 2003 | Named in SEC correspondence | 8 | 0.57 | 0.00 | 1.83 |