CHEMBIO DIAGNOSTICS, INC. CEMI (last ticker on record)

CIK 1092662Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
SEC/DOJ scrutiny

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 Aug 2022
Largest fall in its shares: 99%; Jun 2004 to Dec 2022
Law firms: 11; Linked to 5 or more companies
Lawyers: 13; Linked to 5 or more companies

What happened

Apr 6, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 2, 2023SEC administrative actionSEC order (opens in a new tab)
Mar 2, 2023SEC administrative proceedingSEC order (opens in a new tab)
Oct 4, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 5, 2022A filing mentions an SEC subpoenaForm 10-Q (opens in a new tab)
Apr 7, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 25, 2008Shares down 95% from their high

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
White & Case	Apr 2023	Named in a filing	907	1.04	0.33	0.91
K&L Gates	Jun 2020	Named in SEC correspondence	723	1.06	1.35	1.18
Ballard Spahr	Apr 2015	Named in a filing	492	1.23	1.06	0.73
Haynes and Boone	Apr 2015	Named in SEC correspondence	353	1.03	0.56	0.84
Patton Boggs	Jun 2004	Named in SEC correspondence	186	0.92	0.76	1.35
Lehman Walstrand & Associates	Sep 2001	Named in a filing	11	2.00	2.23	1.88
Blume Law Firm, P.C.	Aug 1999	Named in a filing	9	1.84	1.37	0.64
Kaye Scholer	Oct 2006	Text search only	161	0.88	1.03	1.00
Cadwalader Wickersham & Taft	Mar 2005	Text search only	305	1.14	0.24	0.95
Jenkens & Gilchrist	Aug 2004	Text search only	279	1.12	0.71	1.11
The Baum Law Firm	Jun 2004	Text search only	22	2.77	1.72	0.32

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
James HuWhite & Case	Apr 2023	Named in a filing	5	0.00	0.00	0.92
Julie F. RizzoK&L Gates	Feb 2023	Named in a filing	9	0.00	0.00	0.80
Sean M. JonesK&L Gates	Sep 2022	Named in a filing	14	0.98	4.65	1.11
Mark L. JohnsonK&L Gates	Jun 2020	Named in SEC correspondence	18	1.19	1.27	1.53
Michael M. PritchardHaynes and Boone	Jan 2017	Named in SEC correspondence	5	2.19	0.00	0.00
Jeffrey P. RiedlerMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Sep 2013	Named in SEC correspondence	7	0.72	0.00	0.00
Melissa L. MongPatton Boggs	May 2010	Named in a filing	11	0.76	0.84	1.10
James MuchmorePatton Boggs	Oct 2006	Named in SEC correspondence	5	3.34	0.00	1.48
Jon S. PloetzPatton Boggs	Mar 2005	Named in a filing	5	1.92	0.00	1.56
Alan L. TalesnickPatton Boggs	Jun 2004	Named in SEC correspondence	27	0.62	0.81	1.28
David P. McLeanPatton Boggs	Jun 2004	Named in a filing	5	1.58	0.00	0.82
Gary R. BlumeBlume Law Firm, P.C.	Aug 1999	Named in a filing	9	1.86	1.38	0.64
Christopher S. AugusteKramer Levin Naftalis	Aug 2004	Text search only	90	1.83	1.24	1.42