TERAWULF INC. WULF (last ticker on record)
CIK 1083301Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- Restatement
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 Nov 2023
- Largest fall in its shares
- 97%
- Dec 2021 to Mar 2023
- Law firms
- 9
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- 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)
- 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.
- Reed SmithFirst linked Sep 2023 · Named in SEC correspondence · 487 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.13×
- Faegre Drinker Biddle & Reath LLPFirst linked Jul 2021 · Named in SEC correspondence · 138 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 4.29× · 95% wipeout 1.16×
- Paul Weiss Rifkind Wharton & GarrisonFirst linked Jul 2021 · Named in SEC correspondence · 826 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.18× · 95% wipeout 0.83×
- Faegre Baker DanielsFirst linked May 2019 · Named in a filing · 145 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.34× · 95% wipeout 1.16×
- Faegre & BensonFirst linked Dec 1999 · Named in a filing · 160 linked companiesSEC/DOJ scrutiny 0.90× · Went dark 0.59× · 95% wipeout 1.08×
- Drinker Biddle & ReathFirst linked Jul 2021 · Text search only · 213 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.77× · 95% wipeout 1.25×
- Holland & KnightFirst linked Jul 2021 · Text search only · 413 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.82× · 95% wipeout 1.19×
- Schulte Roth & ZabelFirst linked Jul 2021 · Text search only · 296 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.44× · 95% wipeout 0.99×
- Sidley AustinFirst linked Jul 2021 · Text search only · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Reed Smith | Sep 2023 | Named in SEC correspondence | 487 | 1.15 | 0.77 | 1.13 |
| Faegre Drinker Biddle & Reath LLP | Jul 2021 | Named in SEC correspondence | 138 | 1.29 | 4.29 | 1.16 |
| Paul Weiss Rifkind Wharton & Garrison | Jul 2021 | Named in SEC correspondence | 826 | 1.02 | 0.18 | 0.83 |
| Faegre Baker Daniels | May 2019 | Named in a filing | 145 | 1.06 | 0.34 | 1.16 |
| Faegre & Benson | Dec 1999 | Named in a filing | 160 | 0.90 | 0.59 | 1.08 |
| Drinker Biddle & Reath | Jul 2021 | Text search only | 213 | 1.46 | 0.77 | 1.25 |
| Holland & Knight | Jul 2021 | Text search only | 413 | 1.17 | 0.82 | 1.19 |
| Schulte Roth & Zabel | Jul 2021 | Text search only | 296 | 0.93 | 0.44 | 0.99 |
| Sidley Austin | Jul 2021 | Text search only | 1,210 | 1.30 | 0.14 | 0.93 |
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.
- Anthony J. MarsicoGreenberg TraurigFirst linked Sep 2023 · Named in SEC correspondence · 33 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 3.57× · 95% wipeout 1.29×
- Michael S. LeeReed SmithFirst linked Sep 2023 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 1.65× · Went dark 0.00× · 95% wipeout 1.39×
- Ariel J. DeckelbaumPaul Weiss Rifkind Wharton & GarrisonFirst linked Jul 2021 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 0.31× · Went dark 2.15× · 95% wipeout 1.67×
- David S. HuntingtonPaul Weiss Rifkind Wharton & GarrisonFirst linked Jul 2021 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 0.00× · 95% wipeout 0.80×
- Joshua L. ColburnFaegre Drinker Biddle & Reath LLPFirst linked Jul 2021 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 0.85×
- W. Morgan BurnsFaegre & BensonFirst linked Oct 2005 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 0.00× · 95% wipeout 1.28×
- Morgan BurnsFaegre Baker DanielsFirst linked Jul 2021 · Text search only · 13 linked companiesSEC/DOJ scrutiny 2.38× · Went dark 0.00× · 95% wipeout 2.43×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Anthony J. MarsicoGreenberg Traurig | Sep 2023 | Named in SEC correspondence | 33 | 0.38 | 3.57 | 1.29 |
| Michael S. LeeReed Smith | Sep 2023 | Named in SEC correspondence | 18 | 1.65 | 0.00 | 1.39 |
| Ariel J. DeckelbaumPaul Weiss Rifkind Wharton & Garrison | Jul 2021 | Named in a filing | 22 | 0.31 | 2.15 | 1.67 |
| David S. HuntingtonPaul Weiss Rifkind Wharton & Garrison | Jul 2021 | Named in SEC correspondence | 51 | 0.67 | 0.00 | 0.80 |
| Joshua L. ColburnFaegre Drinker Biddle & Reath LLP | Jul 2021 | Named in SEC correspondence | 17 | 1.45 | 0.00 | 0.85 |
| W. Morgan BurnsFaegre & Benson | Oct 2005 | Named in SEC correspondence | 27 | 1.11 | 0.00 | 1.28 |
| Morgan BurnsFaegre Baker Daniels | Jul 2021 | Text search only | 13 | 2.38 | 0.00 | 2.43 |