FINISAR CORP FNSR (last ticker on record)

CIK 1094739Its SEC filings (opens in a new tab)

Restatement
Restructuring
SEC/DOJ scrutiny
95% wipeout
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 Feb 2009
Largest fall in its shares: 95%; May 2006 to Mar 2009
Law firms: 12; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Sep 24, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 9, 2009A filing mentions cooperating with the SECForm 8-K (opens in a new tab)
Feb 26, 2009Shares down 95% from their high
Dec 17, 2008A filing mentions a grand jury subpoenaForm 10-Q (opens in a new tab)
Dec 4, 2007A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
Sep 18, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 12, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 21, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 7, 2007Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Dec 14, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 30, 2006Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Feb 8, 2005Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
K&L Gates	Dec 2018	Named in a filing	723	1.06	1.35	1.18
O Melveny & Myers LLP	Jan 2016	Named in SEC correspondence	589	1.07	0.25	1.07
Goodwin Procter	Jul 2008	Named in a filing	1,221	0.79	0.31	1.17
Durham Jones & Pinegar	May 2005	Named in a filing	47	1.70	1.06	1.40
Thompson & Knight	May 2005	Named in a filing	198	1.03	0.40	1.38
Morgan Lewis	Jul 2004	Named in a filing	1,028	1.18	0.31	1.02
Dewey Ballantine	Feb 2004	Named in a filing	228	2.03	0.29	0.87
DLA Piper	Sep 1999	Named in SEC correspondence	1,184	1.00	0.45	1.20
McDermott Will & Emery	Jul 2008	Text search only	562	0.97	0.60	1.14
Wilson Sonsini Goodrich & Rosati	May 2005	Text search only	1,468	1.09	0.60	1.42
Piper Rudnick	Feb 2005	Text search only	183	1.09	0.37	0.82
Gary Cary Ware & Freidenrich	Feb 2001	Text search only	5	1.15	0.00	2.33

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
Jeffrey W. AcreK&L Gates	Sep 2019	Named in a filing	20	1.10	0.00	1.11
David A. MakarechianBrobeck, Phleger & Harrison LLP	Jan 2016	Named in SEC correspondence	9	0.79	2.90	1.90
John A. ForeWilson Sonsini Goodrich & Rosati	Jul 2009	Named in a filing	56	1.86	1.00	1.20
Henry LesserDLA Piper	Jul 2008	Named in a filing	16	0.69	0.00	0.74
Jill Mather BartowMorgan Lewis	Dec 2007	Named in a filing	6	2.05	0.00	1.70
DENNIS C. SULLIVANDLA Piper	Feb 2001	Named in SEC correspondence	17	2.06	0.00	1.71
Jeffrey M. JonesDurham Jones & Pinegar	May 2005	Text search only	9	2.18	0.92	1.91
GRAY CARY WARE FREIDENRICHDLA Piper	Feb 2001	Text search only	24	1.90	0.00	1.47