RAE SYSTEMS INC RAE (last ticker on record)
CIK 1084876Its SEC filings (opens in a new tab)
- Restatement
- Restructuring
- SEC/DOJ scrutiny
- Delisting notice (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
- 3
- Newest began Dec 2010
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- SEC enforcement releaseSEC release (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (opens in a new tab)
- A filing mentions cooperating with the Justice DepartmentForm 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)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.
- Shearman & SterlingFirst linked Jan 2011 · Named in SEC correspondence · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Cooley LLPFirst linked Oct 2010 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Fenwick & West LLPFirst linked Oct 2010 · Named in SEC correspondence · 443 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.21× · 95% wipeout 1.23×
- DLA PiperFirst linked May 2002 · Named in SEC correspondence · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Silicon Valley Law GroupFirst linked May 1999 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 2.08× · 95% wipeout 1.44×
- Piper RudnickFirst linked Jul 2006 · Text search only · 183 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.37× · 95% wipeout 0.82×
- Heller EhrmanFirst linked May 2002 · Text search only · 256 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.76× · 95% wipeout 0.96×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Shearman & Sterling | Jan 2011 | Named in SEC correspondence | 2,649 | 1.21 | 0.13 | 0.87 |
| Cooley LLP | Oct 2010 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Fenwick & West LLP | Oct 2010 | Named in SEC correspondence | 443 | 0.95 | 0.21 | 1.23 |
| DLA Piper | May 2002 | Named in SEC correspondence | 1,184 | 1.00 | 0.45 | 1.20 |
| Silicon Valley Law Group | May 1999 | Named in a filing | 19 | 0.98 | 2.08 | 1.44 |
| Piper Rudnick | Jul 2006 | Text search only | 183 | 1.09 | 0.37 | 0.82 |
| Heller Ehrman | May 2002 | Text search only | 256 | 1.00 | 0.76 | 0.96 |
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.
- Robert A. FreedmanFenwick & West LLPFirst linked Jan 2011 · Named in SEC correspondence · 69 linked companiesSEC/DOJ scrutiny 0.86× · Went dark 0.53× · 95% wipeout 0.96×
- Steve L. CamahortShearman & SterlingFirst linked Jan 2011 · Named in SEC correspondence · 56 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.00× · 95% wipeout 0.50×
- Alfred BrowneCooley LLPFirst linked Nov 2010 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 2.46× · Went dark 0.00× · 95% wipeout 2.87×
- David K. MichaelsFenwick & West LLPFirst linked Oct 2010 · Named in SEC correspondence · 64 linked companiesSEC/DOJ scrutiny 1.53× · Went dark 0.00× · 95% wipeout 0.67×
- Peter M. AstizDLA PiperFirst linked Jul 2006 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 1.51× · Went dark 0.77× · 95% wipeout 1.41×
- Cathryn S. GawneSilicon Valley Law GroupFirst linked Feb 2000 · Named in a filing · 12 linked companiesSEC/DOJ scrutiny 1.61× · Went dark 1.72× · 95% wipeout 2.53×
- James C. ChapmanSilicon Valley Law GroupFirst linked May 1999 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 1.98× · Went dark 2.20× · 95% wipeout 1.05×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Robert A. FreedmanFenwick & West LLP | Jan 2011 | Named in SEC correspondence | 69 | 0.86 | 0.53 | 0.96 |
| Steve L. CamahortShearman & Sterling | Jan 2011 | Named in SEC correspondence | 56 | 0.94 | 0.00 | 0.50 |
| Alfred BrowneCooley LLP | Nov 2010 | Named in SEC correspondence | 6 | 2.46 | 0.00 | 2.87 |
| David K. MichaelsFenwick & West LLP | Oct 2010 | Named in SEC correspondence | 64 | 1.53 | 0.00 | 0.67 |
| Peter M. AstizDLA Piper | Jul 2006 | Named in SEC correspondence | 22 | 1.51 | 0.77 | 1.41 |
| Cathryn S. GawneSilicon Valley Law Group | Feb 2000 | Named in a filing | 12 | 1.61 | 1.72 | 2.53 |
| James C. ChapmanSilicon Valley Law Group | May 1999 | Named in a filing | 9 | 1.98 | 2.20 | 1.05 |