TBS INTERNATIONAL LTD TBSI (last ticker on record)
CIK 1065648Its SEC filings (opens in a new tab)
- Restatement
- 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
- 2
- Newest began Dec 2010
- Largest fall in its shares
- 95%
- Oct 2007 to Dec 2010
- Law firms
- 9
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
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.
- Conyers Dill & PearmanFirst linked Mar 2005 · Named in a filing · 531 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.35× · 95% wipeout 1.16×
- Gibson, Dunn & Crutcher LLPFirst linked Mar 2005 · Named in SEC correspondence · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Seward & KisselFirst linked Mar 2005 · Named in SEC correspondence · 164 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.19× · 95% wipeout 1.28×
- Arthur CoxFirst linked Mar 2010 · Text search only · 92 linked companiesSEC/DOJ scrutiny 0.68× · Went dark 0.43× · 95% wipeout 0.91×
- DLA PiperFirst linked Jun 2005 · Text search only · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- [Thacher Proffitt LLP Letterhead]First linked May 2005 · Text search only · 197 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 0.10× · 95% wipeout 0.61×
- Watson Farley & WilliamsFirst linked May 2005 · Text search only · 93 linked companiesSEC/DOJ scrutiny 0.59× · Went dark 0.32× · 95% wipeout 1.37×
- Holland & KnightFirst linked Apr 2005 · Text search only · 413 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.82× · 95% wipeout 1.19×
- Milbank Tweed Hadley & McCloyFirst linked Apr 2005 · Text search only · 439 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.35× · 95% wipeout 0.76×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Conyers Dill & Pearman | Mar 2005 | Named in a filing | 531 | 0.89 | 0.35 | 1.16 |
| Gibson, Dunn & Crutcher LLP | Mar 2005 | Named in SEC correspondence | 1,125 | 1.23 | 0.20 | 0.96 |
| Seward & Kissel | Mar 2005 | Named in SEC correspondence | 164 | 0.78 | 0.19 | 1.28 |
| Arthur Cox | Mar 2010 | Text search only | 92 | 0.68 | 0.43 | 0.91 |
| DLA Piper | Jun 2005 | Text search only | 1,184 | 1.00 | 0.45 | 1.20 |
| [Thacher Proffitt LLP Letterhead] | May 2005 | Text search only | 197 | 0.73 | 0.10 | 0.61 |
| Watson Farley & Williams | May 2005 | Text search only | 93 | 0.59 | 0.32 | 1.37 |
| Holland & Knight | Apr 2005 | Text search only | 413 | 1.17 | 0.82 | 1.19 |
| Milbank Tweed Hadley & McCloy | Apr 2005 | Text search only | 439 | 1.03 | 0.35 | 0.76 |
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.
- Eric ScarazzoGibson, Dunn & Crutcher LLPFirst linked Oct 2009 · Named in SEC correspondence · 30 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 1.00×
- Andrew L. FabensGibson, Dunn & Crutcher LLPFirst linked Apr 2005 · Named in SEC correspondence · 85 linked companiesSEC/DOJ scrutiny 1.47× · Went dark 0.00× · 95% wipeout 1.38×
- Robert E. LustrinSeward & KisselFirst linked Mar 2005 · Named in SEC correspondence · 40 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.55× · 95% wipeout 3.08×
- Steven R. FinleyGibson, Dunn & Crutcher LLPFirst linked Mar 2005 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 0.77× · Went dark 0.00× · 95% wipeout 1.17×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Eric ScarazzoGibson, Dunn & Crutcher LLP | Oct 2009 | Named in SEC correspondence | 30 | 1.45 | 0.00 | 1.00 |
| Andrew L. FabensGibson, Dunn & Crutcher LLP | Apr 2005 | Named in SEC correspondence | 85 | 1.47 | 0.00 | 1.38 |
| Robert E. LustrinSeward & Kissel | Mar 2005 | Named in SEC correspondence | 40 | 1.29 | 0.55 | 3.08 |
| Steven R. FinleyGibson, Dunn & Crutcher LLP | Mar 2005 | Named in SEC correspondence | 22 | 0.77 | 0.00 | 1.17 |