SELECT THERAPEUTICS INC XZL (last ticker on record)

CIK 1037158Its SEC filings (opens in a new tab)

95% wipeout

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: 1; Newest began Feb 2002
Largest fall in its shares: 98%; Jun 2001 to Sep 2002
Law firms: 3; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Feb 25, 2002Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Hofheimer Gartlir & Gross	Jul 2001	Named in a filing	8	0.00	0.90	1.74
Greenberg Traurig	Jul 2001	Text search only	1,224	1.01	1.03	1.12
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Jul 2001	Text search only	567	0.92	0.60	1.18

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.

Richard G. KleinHofheimer Gartlir & GrossFirst linked Jul 2001 · Text search only · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.65×