WITNESS SYSTEMS INC WITS (last ticker on record)
CIK 1097338Its SEC filings (opens in a new tab)
- Restatement
- 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
- 1
- Newest began Aug 2006
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- 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)
- 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.
- Morris, Manning & Martin, LLPFirst linked Nov 1999 · Named in SEC correspondence · 105 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 0.34× · 95% wipeout 0.86×
- DLA PiperFirst linked Jan 2005 · Text search only · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Piper RudnickFirst linked Jan 2005 · Text search only · 183 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.37× · 95% wipeout 0.82×
- Weil, Gotshal & Manges LLPFirst linked Jan 2005 · Text search only · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Morris, Manning & Martin, LLP | Nov 1999 | Named in SEC correspondence | 105 | 0.58 | 0.34 | 0.86 |
| DLA Piper | Jan 2005 | Text search only | 1,184 | 1.00 | 0.45 | 1.20 |
| Piper Rudnick | Jan 2005 | Text search only | 183 | 1.09 | 0.37 | 0.82 |
| Weil, Gotshal & Manges LLP | Jan 2005 | Text search only | 1,051 | 1.31 | 0.27 | 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.
- Charles R. Beaudrot Jr.Morris, Manning & Martin, LLPFirst linked Aug 2001 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 1.19× · Went dark 0.00× · 95% wipeout 0.60×
- Jeffrey L. SchulteMorris, Manning & Martin, LLPFirst linked Nov 1999 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- JOHN C. YATESMorris, Manning & Martin, LLPFirst linked Nov 1999 · Named in a filing · 8 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.37×
- Andrew D. ZeifDLA PiperFirst linked Apr 2005 · Text search only · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.05×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Charles R. Beaudrot Jr.Morris, Manning & Martin, LLP | Aug 2001 | Named in a filing | 19 | 1.19 | 0.00 | 0.60 |
| Jeffrey L. SchulteMorris, Manning & Martin, LLP | Nov 1999 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.00 |
| JOHN C. YATESMorris, Manning & Martin, LLP | Nov 1999 | Named in a filing | 8 | 0.00 | 0.00 | 1.37 |
| Andrew D. ZeifDLA Piper | Apr 2005 | Text search only | 10 | 0.00 | 0.00 | 2.05 |