VERENIUM CORP VRNM (last ticker on record)
CIK 1049210Its SEC filings (opens in a new tab)
- Restructuring
- 95% wipeout
- Restatement
- 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 Mar 2013
- Largest fall in its shares
- 98%
- May 2007 to Jun 2011
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 9
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)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)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K/A (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.
- Lowenstein SandlerFirst linked Oct 2013 · Named in SEC correspondence · 297 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.70× · 95% wipeout 1.42×
- Cooley LLPFirst linked Dec 1999 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Feldman WeinsteinFirst linked Apr 2008 · Text search only · 278 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 1.17× · 95% wipeout 1.20×
- Paul HastingsFirst linked Apr 2008 · Text search only · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- Edwards & AngellFirst linked Mar 2007 · Text search only · 81 linked companiesSEC/DOJ scrutiny 0.68× · Went dark 0.59× · 95% wipeout 1.15×
- Edwards Angell Palmer & DodgeFirst linked Mar 2007 · Text search only · 76 linked companiesSEC/DOJ scrutiny 0.83× · Went dark 0.66× · 95% wipeout 1.38×
- Palmer & DodgeFirst linked Mar 2007 · Text search only · 98 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.75× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Lowenstein Sandler | Oct 2013 | Named in SEC correspondence | 297 | 1.12 | 0.70 | 1.42 |
| Cooley LLP | Dec 1999 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Feldman Weinstein | Apr 2008 | Text search only | 278 | 0.92 | 1.17 | 1.20 |
| Paul Hastings | Apr 2008 | Text search only | 768 | 0.98 | 0.72 | 1.09 |
| Edwards & Angell | Mar 2007 | Text search only | 81 | 0.68 | 0.59 | 1.15 |
| Edwards Angell Palmer & Dodge | Mar 2007 | Text search only | 76 | 0.83 | 0.66 | 1.38 |
| Palmer & Dodge | Mar 2007 | Text search only | 98 | 0.89 | 0.75 | 0.99 |
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.
- Ben BeerleCooley LLPFirst linked Oct 2013 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Barbara L. BordenCooley LLPFirst linked Oct 2013 · Named in SEC correspondence · 50 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.31× · 95% wipeout 0.32×
- Marc RechtCooley LLPFirst linked Oct 2009 · Named in SEC correspondence · 52 linked companiesSEC/DOJ scrutiny 0.23× · Went dark 0.67× · 95% wipeout 1.03×
- Matthew T. BrowneCooley LLPFirst linked Aug 2006 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 1.02×
- L. Kay ChandlerCooley LLPFirst linked Dec 2001 · Named in a filing · 17 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.00× · 95% wipeout 1.11×
- D. Bradley PeckCooley LLPFirst linked Feb 2000 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.00× · 95% wipeout 1.38×
- David B. BergerCooley LLPFirst linked Dec 1999 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.00× · 95% wipeout 1.41×
- Rama PadmanabhanCooley LLPFirst linked Oct 2013 · Text search only · 19 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.23×
- Robert H. MillerCooley LLPFirst linked May 2007 · Text search only · 7 linked companiesSEC/DOJ scrutiny 0.63× · Went dark 0.00× · 95% wipeout 1.21×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Ben BeerleCooley LLP | Oct 2013 | Named in SEC correspondence | 10 | 0.00 | 0.00 | 0.00 |
| Barbara L. BordenCooley LLP | Oct 2013 | Named in SEC correspondence | 50 | 0.89 | 0.31 | 0.32 |
| Marc RechtCooley LLP | Oct 2009 | Named in SEC correspondence | 52 | 0.23 | 0.67 | 1.03 |
| Matthew T. BrowneCooley LLP | Aug 2006 | Named in SEC correspondence | 29 | 1.20 | 0.00 | 1.02 |
| L. Kay ChandlerCooley LLP | Dec 2001 | Named in a filing | 17 | 0.98 | 0.00 | 1.11 |
| D. Bradley PeckCooley LLP | Feb 2000 | Named in a filing | 21 | 1.46 | 0.00 | 1.38 |
| David B. BergerCooley LLP | Dec 1999 | Named in a filing | 5 | 1.78 | 0.00 | 1.41 |
| Rama PadmanabhanCooley LLP | Oct 2013 | Text search only | 19 | 0.00 | 0.00 | 1.23 |
| Robert H. MillerCooley LLP | May 2007 | Text search only | 7 | 0.63 | 0.00 | 1.21 |