China Precision Steel, Inc. CPSL (last ticker on record)
CIK 1044577Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- 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 Jun 2015
- Largest fall in its shares
- 99%
- Jan 2007 to Mar 2016
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (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)
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- 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.
- Kline Law Group PCFirst linked Mar 2015 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 0.83× · Went dark 3.46× · 95% wipeout 1.19×
- Pillsbury WinthropFirst linked Dec 2008 · Named in SEC correspondence · 516 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.82× · 95% wipeout 1.27×
- Thelen LLPFirst linked Sep 2008 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 2.33× · 95% wipeout 1.31×
- K&L GatesFirst linked Aug 2006 · Named in SEC correspondence · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- Schlueter & Associates, P.C.First linked Aug 2006 · Named in SEC correspondence · 40 linked companiesSEC/DOJ scrutiny 1.50× · Went dark 1.26× · 95% wipeout 0.85×
- Preston Gates & EllisFirst linked Mar 2007 · Text search only · 159 linked companiesSEC/DOJ scrutiny 1.36× · Went dark 1.62× · 95% wipeout 1.44×
- Burns Figa & WillFirst linked Oct 2006 · Text search only · 25 linked companiesSEC/DOJ scrutiny 0.34× · Went dark 1.45× · 95% wipeout 2.03×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kline Law Group PC | Mar 2015 | Named in SEC correspondence | 16 | 0.83 | 3.46 | 1.19 |
| Pillsbury Winthrop | Dec 2008 | Named in SEC correspondence | 516 | 1.13 | 0.82 | 1.27 |
| Thelen LLP | Sep 2008 | Named in a filing | 22 | 1.16 | 2.33 | 1.31 |
| K&L Gates | Aug 2006 | Named in SEC correspondence | 723 | 1.06 | 1.35 | 1.18 |
| Schlueter & Associates, P.C. | Aug 2006 | Named in SEC correspondence | 40 | 1.50 | 1.26 | 0.85 |
| Preston Gates & Ellis | Mar 2007 | Text search only | 159 | 1.36 | 1.62 | 1.44 |
| Burns Figa & Will | Oct 2006 | Text search only | 25 | 0.34 | 1.45 | 2.03 |
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.
- Dawn Bernd-SchulzPillsbury WinthropFirst linked Oct 2010 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.66× · Went dark 1.89× · 95% wipeout 1.71×
- Scott C. KlinePillsbury WinthropFirst linked Sep 2008 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 3.13× · 95% wipeout 2.34×
- Barbara A. JonesGreenberg TraurigFirst linked Sep 2006 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 3.01× · 95% wipeout 1.29×
- Henry F. SchlueterSchlueter & Associates, P.C.First linked Apr 2006 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 1.48× · Went dark 1.39× · 95% wipeout 0.88×
- Theresa M. MehringerBurns Figa & WillFirst linked Oct 2006 · Text search only · 13 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 1.70× · 95% wipeout 2.23×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Dawn Bernd-SchulzPillsbury Winthrop | Oct 2010 | Named in SEC correspondence | 12 | 0.66 | 1.89 | 1.71 |
| Scott C. KlinePillsbury Winthrop | Sep 2008 | Named in SEC correspondence | 27 | 0.73 | 3.13 | 2.34 |
| Barbara A. JonesGreenberg Traurig | Sep 2006 | Named in SEC correspondence | 18 | 0.64 | 3.01 | 1.29 |
| Henry F. SchlueterSchlueter & Associates, P.C. | Apr 2006 | Named in SEC correspondence | 39 | 1.48 | 1.39 | 0.88 |
| Theresa M. MehringerBurns Figa & Will | Oct 2006 | Text search only | 13 | 0.64 | 1.70 | 2.23 |