LANXESS Solutions US Inc. CHMT (last ticker on record)

CIK 1091862Its SEC filings (opens in a new tab)

Restatement
95% wipeout
Bankruptcy
Restructuring
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: 4; Newest began Oct 2014
Largest fall in its shares: 99%; Jul 1999 to May 2009
Law firms: 15; Linked to 5 or more companies
Lawyers: 16; Linked to 5 or more companies

What happened

Apr 21, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 13, 2014Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Oct 31, 2014Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 4, 2010Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Jan 25, 2010Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Mar 23, 2009Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Mar 23, 2009Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Mar 23, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 20, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 20, 2009Shares down 95% from their high
Dec 12, 2008Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 5, 2007Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Aug 8, 2005Debt accelerated (Item 2.04)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
Davis Polk	Nov 2016	Named in SEC correspondence	1,694	1.26	0.06	1.02
Sidley Austin	Nov 2014	Named in SEC correspondence	1,210	1.30	0.14	0.93
Kirkland & Ellis	Aug 2010	Named in SEC correspondence	1,686	0.98	0.17	0.87
Winston & Strawn	Aug 2006	Named in a filing	585	1.18	0.60	1.02
Mayer Brown	Apr 2005	Named in SEC correspondence	680	0.98	0.34	0.94
Weil, Gotshal & Manges LLP	Apr 2005	Named in SEC correspondence	1,051	1.31	0.27	0.91
Skadden, Arps, Slate, Meagher & Flom LLP	Oct 2004	Named in SEC correspondence	2,607	1.15	0.19	0.85
Robinson & Cole LLP	May 2001	Named in a filing	133	0.95	0.56	0.88
Wachtell Lipton Rosen & Katz	Jul 1999	Named in a filing	889	1.31	0.07	0.59
Jones Walker	Mar 2011	Text search only	161	1.34	0.23	0.94
Jones Day	Aug 2010	Text search only	686	1.25	0.54	1.12
Phelps Dunbar	Dec 2004	Text search only	48	0.53	0.00	1.11
Cahill Gordon & Reindel	Oct 2004	Text search only	598	1.03	0.18	0.77
Shearman & Sterling	Oct 2004	Text search only	2,649	1.21	0.13	0.87
White & Case	Oct 2004	Text search only	907	1.04	0.33	0.91

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
Neil P. StronskiSkadden, Arps, Slate, Meagher & Flom LLP	Apr 2017	Named in a filing	14	1.28	0.00	0.58
Peter Allan AtkinsSkadden, Arps, Slate, Meagher & Flom LLP	Apr 2017	Named in a filing	16	1.47	0.00	0.79
John A. BickDavis Polk	Nov 2016	Named in SEC correspondence	8	1.73	0.00	0.00
William H. AaronsonDavis Polk	Nov 2016	Named in SEC correspondence	29	1.45	0.00	0.53
Edward D. RicchiutoSidley Austin	Nov 2014	Named in SEC correspondence	24	0.83	0.00	0.75
Robert M. HaywardKirkland & Ellis	Mar 2011	Named in SEC correspondence	38	1.78	0.00	1.19
Robert W. EricsonWinston & Strawn	Aug 2006	Named in a filing	10	0.71	0.00	0.89
James T. LidburyMayer Brown	Apr 2005	Named in SEC correspondence	11	1.83	0.00	0.80
R. Jay TaborWeil, Gotshal & Manges LLP	Apr 2005	Named in SEC correspondence	9	0.91	0.00	2.74
Scott J. DavisMayer Brown	Apr 2005	Named in SEC correspondence	19	1.16	0.00	0.46
Thomas A. RobertsWeil, Gotshal & Manges LLP	Apr 2005	Named in SEC correspondence	15	0.82	0.00	0.74
Phyllis G. KorffSkadden, Arps, Slate, Meagher & Flom LLP	Apr 2005	Named in SEC correspondence	50	1.53	0.58	1.18
Steven A. CohenWachtell Lipton Rosen & Katz	Apr 2000	Named in a filing	23	1.17	0.00	1.73
Edward D. HerlihyWachtell Lipton Rosen & Katz	Jul 1999	Named in a filing	148	1.03	0.00	0.43
Michael J. ZeidelSkadden, Arps, Slate, Meagher & Flom LLP	Dec 2004	Text search only	63	0.96	0.00	1.15
William B. GannettCahill Gordon & Reindel	Oct 2004	Text search only	5	0.00	0.00	2.17