Searchlight Minerals Corp. SRCH (last ticker on record)
CIK 1084226Its 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 2013
- Largest fall in its shares
- 99%
- Jan 2007 to Dec 2018
- Law firms
- 2
- 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)
- 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.
- Baker & HostetlerFirst linked Jun 2008 · Named in SEC correspondence · 231 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 1.12× · 95% wipeout 1.35×
- O'Neill LawFirst linked Apr 2006 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 1.81× · 95% wipeout 0.92×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Baker & Hostetler | Jun 2008 | Named in SEC correspondence | 231 | 1.11 | 1.12 | 1.35 |
| O'Neill Law | Apr 2006 | Named in SEC correspondence | 51 | 0.40 | 1.81 | 0.92 |
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.
- Jeffrey P. BergBaker & HostetlerFirst linked Jun 2008 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 2.88× · 95% wipeout 1.45×
- Conrad Y. NestO'Neill LawFirst linked Apr 2006 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 0.66× · Went dark 1.72× · 95% wipeout 1.31×
- John C. ThompsonFirst linked Jun 2007 · Text search only · 13 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 1.92× · 95% wipeout 2.05×
- Christian I. CuO'Neill LawFirst linked Apr 2006 · Text search only · 42 linked companiesSEC/DOJ scrutiny 0.45× · Went dark 1.56× · 95% wipeout 1.24×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jeffrey P. BergBaker & Hostetler | Jun 2008 | Named in SEC correspondence | 14 | 0.67 | 2.88 | 1.45 |
| Conrad Y. NestO'Neill Law | Apr 2006 | Named in SEC correspondence | 39 | 0.66 | 1.72 | 1.31 |
| John C. Thompson | Jun 2007 | Text search only | 13 | 1.09 | 1.92 | 2.05 |
| Christian I. CuO'Neill Law | Apr 2006 | Text search only | 42 | 0.45 | 1.56 | 1.24 |