Sun American Bancorp SAMB (last ticker on record)
CIK 1042521Its SEC filings (opens in a new tab)
- 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
- 2
- Newest began Jun 2009
- Largest fall in its shares
- 99%
- Mar 2007 to Mar 2010
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- 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)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting 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.
- Luse Gorman, PCFirst linked Aug 2007 · Named in SEC correspondence · 301 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 0.06× · 95% wipeout 0.21×
- Blank RomeFirst linked Aug 2005 · Named in SEC correspondence · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Greenberg TraurigFirst linked Oct 2003 · Named in a filing · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Shutts & BowenFirst linked Oct 2003 · Text search only · 39 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 1.09× · 95% wipeout 0.77×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Luse Gorman, PC | Aug 2007 | Named in SEC correspondence | 301 | 0.58 | 0.06 | 0.21 |
| Blank Rome | Aug 2005 | Named in SEC correspondence | 348 | 1.04 | 0.79 | 1.36 |
| Greenberg Traurig | Oct 2003 | Named in a filing | 1,223 | 1.01 | 1.03 | 1.10 |
| Shutts & Bowen | Oct 2003 | Text search only | 39 | 0.65 | 1.09 | 0.77 |
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.
- Alan SchickLuse Gorman, PCFirst linked Sep 2007 · Named in a filing · 37 linked companiesSEC/DOJ scrutiny 0.45× · Went dark 0.00× · 95% wipeout 0.49×
- Marc P. LevyLuse Gorman, PCFirst linked Aug 2007 · Named in SEC correspondence · 49 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 0.44×
- Bruce C. RosettoGreenberg TraurigFirst linked Oct 2006 · Named in a filing · 17 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 1.13× · 95% wipeout 0.97×
- Jane K. StoreroBlank RomeFirst linked Dec 2005 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 2.62× · 95% wipeout 3.95×
- Gregory C. YadleyShumaker, Loop & Kendrick, LLPFirst linked Dec 2006 · Text search only · 16 linked companiesSEC/DOJ scrutiny 0.60× · Went dark 0.62× · 95% wipeout 2.32×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alan SchickLuse Gorman, PC | Sep 2007 | Named in a filing | 37 | 0.45 | 0.00 | 0.49 |
| Marc P. LevyLuse Gorman, PC | Aug 2007 | Named in SEC correspondence | 49 | 0.89 | 0.00 | 0.44 |
| Bruce C. RosettoGreenberg Traurig | Oct 2006 | Named in a filing | 17 | 1.17 | 1.13 | 0.97 |
| Jane K. StoreroBlank Rome | Dec 2005 | Named in SEC correspondence | 7 | 1.08 | 2.62 | 3.95 |
| Gregory C. YadleyShumaker, Loop & Kendrick, LLP | Dec 2006 | Text search only | 16 | 0.60 | 0.62 | 2.32 |