Spectrum Brands Holdings, Inc. SPB (last ticker on record)
CIK 109177Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- Restatement
- SEC/DOJ scrutiny
- 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
- 3
- Newest began Mar 2020
- Largest fall in its shares
- 95%
- Jul 2018 to Mar 2020
- Law firms
- 10
- Linked to 5 or more companies
- Lawyers
- 12
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- A filing mentions cooperating with the SECForm 8-K (opens in a new tab)
- A filing mentions a Wells noticeForm 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)
- Delisting notice (Item 3.01)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.
- Kirkland & EllisFirst linked Apr 2018 · Named in a filing · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Davis PolkFirst linked Jan 2011 · Named in SEC correspondence · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Paul Weiss Rifkind Wharton & GarrisonFirst linked Jan 2011 · Named in SEC correspondence · 826 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.18× · 95% wipeout 0.83×
- Kaye ScholerFirst linked Nov 2010 · Named in SEC correspondence · 161 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 1.03× · 95% wipeout 1.00×
- Woods Oviatt GilmanFirst linked Sep 2000 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 1.57× · Went dark 1.71× · 95% wipeout 0.90×
- Richards, Layton & Finger, P.A.First linked Aug 1996 · Named in SEC correspondence · 995 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.37× · 95% wipeout 0.80×
- Gibson, Dunn & Crutcher LLPFirst linked May 2018 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Cleary Gottlieb Steen & HamiltonFirst linked Apr 2018 · Text search only · 741 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.12× · 95% wipeout 0.76×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Apr 2018 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Shearman & SterlingFirst linked Jan 2011 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kirkland & Ellis | Apr 2018 | Named in a filing | 1,686 | 0.98 | 0.17 | 0.87 |
| Davis Polk | Jan 2011 | Named in SEC correspondence | 1,694 | 1.26 | 0.06 | 1.02 |
| Paul Weiss Rifkind Wharton & Garrison | Jan 2011 | Named in SEC correspondence | 826 | 1.02 | 0.18 | 0.83 |
| Kaye Scholer | Nov 2010 | Named in SEC correspondence | 161 | 0.88 | 1.03 | 1.00 |
| Woods Oviatt Gilman | Sep 2000 | Named in a filing | 20 | 1.57 | 1.71 | 0.90 |
| Richards, Layton & Finger, P.A. | Aug 1996 | Named in SEC correspondence | 995 | 1.46 | 0.37 | 0.80 |
| Gibson, Dunn & Crutcher LLP | May 2018 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Cleary Gottlieb Steen & Hamilton | Apr 2018 | Text search only | 741 | 1.31 | 0.12 | 0.76 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Apr 2018 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
| Shearman & Sterling | Jan 2011 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
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.
- Joshua N. KorffKirkland & EllisFirst linked Aug 2018 · Named in a filing · 107 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 0.00× · 95% wipeout 1.43×
- Ross M. LeffKirkland & EllisFirst linked Aug 2018 · Named in a filing · 25 linked companiesSEC/DOJ scrutiny 1.42× · Went dark 0.00× · 95% wipeout 0.98×
- John B. MeadeDavis PolkFirst linked Apr 2018 · Named in a filing · 33 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.00× · 95% wipeout 0.83×
- John H. ButlerSidley AustinFirst linked Apr 2018 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 0.39× · Went dark 0.00× · 95% wipeout 0.80×
- Jeffrey D. MarellPaul Weiss Rifkind Wharton & GarrisonFirst linked Jan 2011 · Named in a filing · 54 linked companiesSEC/DOJ scrutiny 1.80× · Went dark 0.00× · 95% wipeout 0.94×
- Raphael M. RussoPaul Weiss Rifkind Wharton & GarrisonFirst linked Jan 2011 · Named in SEC correspondence · 72 linked companiesSEC/DOJ scrutiny 1.67× · Went dark 0.00× · 95% wipeout 1.02×
- Gordon E. ForthWoods Oviatt GilmanFirst linked Sep 2000 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 3.31× · Went dark 0.00× · 95% wipeout 1.64×
- James E. LangstonCleary Gottlieb Steen & HamiltonFirst linked Apr 2018 · Text search only · 20 linked companiesSEC/DOJ scrutiny 2.44× · Went dark 0.00× · 95% wipeout 1.00×
- Paul J. ShimCleary Gottlieb Steen & HamiltonFirst linked Apr 2018 · Text search only · 45 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 0.73×
- Michael J. SchwartzSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Feb 2018 · Text search only · 34 linked companiesSEC/DOJ scrutiny 2.19× · Went dark 0.00× · 95% wipeout 1.62×
- Michael KaplanDavis PolkFirst linked Jan 2011 · Text search only · 112 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 0.89×
- Lynn Toby FisherKaye ScholerFirst linked Jun 2009 · Text search only · 8 linked companiesSEC/DOJ scrutiny 1.71× · Went dark 3.22× · 95% wipeout 1.88×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Joshua N. KorffKirkland & Ellis | Aug 2018 | Named in a filing | 107 | 0.65 | 0.00 | 1.43 |
| Ross M. LeffKirkland & Ellis | Aug 2018 | Named in a filing | 25 | 1.42 | 0.00 | 0.98 |
| John B. MeadeDavis Polk | Apr 2018 | Named in a filing | 33 | 1.12 | 0.00 | 0.83 |
| John H. ButlerSidley Austin | Apr 2018 | Named in SEC correspondence | 20 | 0.39 | 0.00 | 0.80 |
| Jeffrey D. MarellPaul Weiss Rifkind Wharton & Garrison | Jan 2011 | Named in a filing | 54 | 1.80 | 0.00 | 0.94 |
| Raphael M. RussoPaul Weiss Rifkind Wharton & Garrison | Jan 2011 | Named in SEC correspondence | 72 | 1.67 | 0.00 | 1.02 |
| Gordon E. ForthWoods Oviatt Gilman | Sep 2000 | Named in a filing | 5 | 3.31 | 0.00 | 1.64 |
| James E. LangstonCleary Gottlieb Steen & Hamilton | Apr 2018 | Text search only | 20 | 2.44 | 0.00 | 1.00 |
| Paul J. ShimCleary Gottlieb Steen & Hamilton | Apr 2018 | Text search only | 45 | 1.45 | 0.00 | 0.73 |
| Michael J. SchwartzSkadden, Arps, Slate, Meagher & Flom LLP | Feb 2018 | Text search only | 34 | 2.19 | 0.00 | 1.62 |
| Michael KaplanDavis Polk | Jan 2011 | Text search only | 112 | 1.20 | 0.00 | 0.89 |
| Lynn Toby FisherKaye Scholer | Jun 2009 | Text search only | 8 | 1.71 | 3.22 | 1.88 |