CROSS MEDIA MARKETING CORP XMM (last ticker on record)
CIK 1069201Its SEC filings (opens in a new tab)
- 95% wipeout
- Bankruptcy
- 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
- 2
- Newest began Aug 2004
- Largest fall in its shares
- 98%
- Apr 2002 to Apr 2003
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)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.
- Blank RomeFirst linked Aug 2001 · Named in a filing · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Shaw PittmanFirst linked Aug 2001 · Named in a filing · 149 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.53× · 95% wipeout 1.08×
- Kramer Levin NaftalisFirst linked Jan 2001 · Named in a filing · 304 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.68× · 95% wipeout 1.16×
- Tenzer Greenblatt LLPFirst linked Apr 2002 · Text search only · 30 linked companiesSEC/DOJ scrutiny 1.72× · Went dark 2.64× · 95% wipeout 3.54×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2001 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Blank Rome | Aug 2001 | Named in a filing | 348 | 1.04 | 0.79 | 1.36 |
| Shaw Pittman | Aug 2001 | Named in a filing | 149 | 0.98 | 0.53 | 1.08 |
| Kramer Levin Naftalis | Jan 2001 | Named in a filing | 304 | 0.95 | 0.68 | 1.16 |
| Tenzer Greenblatt LLP | Apr 2002 | Text search only | 30 | 1.72 | 2.64 | 3.54 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Aug 2001 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brad L. ShiffmanBlank Rome | Aug 2001 | Named in a filing | 47 | 1.33 | 0.74 | 1.61 |