SOLUTIA INC SOA (last ticker on record)
CIK 1043382Its SEC filings (opens in a new tab)
- 95% wipeout
- SEC/DOJ scrutiny
- Bankruptcy
- 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
- 4
- Newest began Nov 2008
- Largest fall in its shares
- 99%
- Mar 1998 to Jan 2008
- Law firms
- 10
- Linked to 5 or more companies
- Lawyers
- 7
- 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)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the Justice DepartmentForm 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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
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.
- Kirkland & EllisFirst linked Oct 2007 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Winston & StrawnFirst linked Jun 2002 · Named in a filing · 585 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.60× · 95% wipeout 1.02×
- Armstrong TeasdaleFirst linked Sep 2000 · Named in a filing · 64 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.00× · 95% wipeout 1.51×
- Wachtell Lipton Rosen & KatzFirst linked Sep 1997 · Named in a filing · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Akin GumpFirst linked Nov 2007 · Text search only · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.25×
- Haynes and BooneFirst linked Nov 2007 · Text search only · 353 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.56× · 95% wipeout 0.84×
- Stroock & Stroock & LavanFirst linked Nov 2007 · Text search only · 178 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.78× · 95% wipeout 0.96×
- Perkins CoieFirst linked Sep 2002 · Text search only · 511 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.27× · 95% wipeout 0.98×
- Shearman & SterlingFirst linked Sep 2002 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Tannenbaum Helpern Syracuse & HirschtrittFirst linked Sep 2002 · Text search only · 20 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 1.43× · 95% wipeout 1.77×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kirkland & Ellis | Oct 2007 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Winston & Strawn | Jun 2002 | Named in a filing | 585 | 1.18 | 0.60 | 1.02 |
| Armstrong Teasdale | Sep 2000 | Named in a filing | 64 | 1.00 | 0.00 | 1.51 |
| Wachtell Lipton Rosen & Katz | Sep 1997 | Named in a filing | 889 | 1.31 | 0.07 | 0.59 |
| Akin Gump | Nov 2007 | Text search only | 582 | 1.24 | 0.52 | 1.25 |
| Haynes and Boone | Nov 2007 | Text search only | 353 | 1.03 | 0.56 | 0.84 |
| Stroock & Stroock & Lavan | Nov 2007 | Text search only | 178 | 0.98 | 0.78 | 0.96 |
| Perkins Coie | Sep 2002 | Text search only | 511 | 0.93 | 0.27 | 0.98 |
| Shearman & Sterling | Sep 2002 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
| Tannenbaum Helpern Syracuse & Hirschtritt | Sep 2002 | Text search only | 20 | 0.67 | 1.43 | 1.77 |
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.
- Mark L. HansonJones DayFirst linked Jul 2012 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.00× · 95% wipeout 1.10×
- William B. SorabellaKirkland & EllisFirst linked Nov 2011 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.53× · Went dark 0.00× · 95% wipeout 0.00×
- Christian O. NaglerKirkland & EllisFirst linked Oct 2007 · Named in a filing · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.01×
- Thomas W. ChristopherKirkland & EllisFirst linked Oct 2007 · Named in a filing · 23 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.00× · 95% wipeout 0.43×
- ERIC S. ROBINSONWachtell Lipton Rosen & KatzFirst linked Sep 1997 · Named in a filing · 34 linked companiesSEC/DOJ scrutiny 1.87× · Went dark 0.00× · 95% wipeout 1.23×
- Janice V. SharryHaynes and BooneFirst linked Nov 2007 · Text search only · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.12× · 95% wipeout 2.40×
- Stephen RosenbergTannenbaum Helpern Syracuse & HirschtrittFirst linked Sep 2002 · Text search only · 7 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.00× · 95% wipeout 4.06×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Mark L. HansonJones Day | Jul 2012 | Named in a filing | 21 | 1.29 | 0.00 | 1.10 |
| William B. SorabellaKirkland & Ellis | Nov 2011 | Named in SEC correspondence | 14 | 0.53 | 0.00 | 0.00 |
| Christian O. NaglerKirkland & Ellis | Oct 2007 | Named in a filing | 260 | 0.89 | 0.00 | 1.01 |
| Thomas W. ChristopherKirkland & Ellis | Oct 2007 | Named in a filing | 23 | 1.46 | 0.00 | 0.43 |
| ERIC S. ROBINSONWachtell Lipton Rosen & Katz | Sep 1997 | Named in a filing | 34 | 1.87 | 0.00 | 1.23 |
| Janice V. SharryHaynes and Boone | Nov 2007 | Text search only | 13 | 0.00 | 1.12 | 2.40 |
| Stephen RosenbergTannenbaum Helpern Syracuse & Hirschtritt | Sep 2002 | Text search only | 7 | 1.40 | 0.00 | 4.06 |