CYREN Ltd. CYRN (last ticker on record)

CIK 1084577Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
Restructuring
Bankruptcy

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 Feb 2023
Largest fall in its shares: 99%; Dec 2018 to Mar 2023
Law firms: 13; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Feb 28, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Feb 22, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Feb 22, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Feb 22, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 6, 2023Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Dec 30, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 14, 2022Shares down 95% from their high
Oct 6, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 13, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 30, 2020Delisting notice (Item 3.01)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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Cooley LLP	Feb 2022	Named in SEC correspondence	1,634	0.71	0.44	1.24
Kirkland & Ellis	Nov 2017	Named in SEC correspondence	1,686	0.98	0.17	0.87
Greenberg Traurig	Nov 2017	Named in SEC correspondence	1,223	1.01	1.03	1.10
DLA Piper	Aug 2015	Named in a filing	1,184	1.00	0.45	1.20
Ellenoff Grossman & Schole LLP	Aug 2015	Named in a filing	963	0.96	1.12	1.21
HALE AND DORR	Jun 2014	Named in a filing	665	1.06	0.33	1.26
WILMER, CUTLER & PICKERING	Jun 2014	Named in a filing	662	1.14	0.33	1.26
Bingham McCutchen	Oct 2003	Named in a filing	291	0.94	0.38	1.06
Naschitz, Brandes & Co., Advocates	Aug 2001	Named in a filing	6	0.00	0.00	1.87
McCutchen, Doyle, Brown & Enersen, LLP	May 1999	Named in a filing	41	0.51	0.00	0.82
Maples and Calder	Jan 2004	Text search only	1,144	0.95	0.26	0.92
Zysman Aharoni Gayer	Oct 2003	Text search only	42	0.71	0.00	1.40
Foley & Lardner	Aug 2001	Text search only	498	1.00	0.71	1.02

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Daniel I. GoldbergCooley LLP	Feb 2022	Named in SEC correspondence	184	0.64	0.00	1.03
Eric BlanchardCooley LLP	Feb 2022	Named in SEC correspondence	42	0.91	0.00	0.84
Laurie L. GreenGreenberg Traurig	Sep 2018	Named in SEC correspondence	26	0.00	0.00	1.71
Ross M. LeffKirkland & Ellis	Nov 2017	Named in SEC correspondence	25	1.42	0.00	0.98
Erika L. RobinsonWILMER, CUTLER & PICKERING	Jun 2014	Named in a filing	42	1.28	0.00	1.20
Mark G. BordenWILMER, CUTLER & PICKERING	Jun 2014	Named in a filing	66	1.51	0.43	1.62
Lior O. NuchiMcCutchen, Doyle, Brown & Enersen, LLP	May 1999	Named in a filing	5	0.00	0.00	1.96
Eric Blanchard Eric BlanchardCooley LLP	Mar 2022	Text search only	16	0.00	0.00	0.98