Ayala Pharmaceuticals, Inc. ADXS (last ticker on record)

CIK 1100397Its SEC filings (opens in a new tab)

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: 1; Newest began Nov 2018
Largest fall in its shares: 99%; Nov 2016 to Jul 2024
Law firms: 12; Linked to 5 or more companies
Lawyers: 13; Linked to 5 or more companies

What happened

May 12, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 22, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 25, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 22, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 20, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 10, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 13, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 6, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 13, 2018Shares down 95% from their high
Oct 26, 2018Delisting notice (Item 3.01)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
Morgan Lewis	Jan 2020	Named in SEC correspondence	1,028	1.18	0.31	1.02
Goodwin Procter	Aug 2018	Named in SEC correspondence	1,221	0.79	0.31	1.17
Alston & Bird	Jan 2015	Named in SEC correspondence	583	0.99	0.39	0.79
Blank Rome	May 2013	Named in a filing	348	1.04	0.79	1.36
Reed Smith	May 2013	Named in SEC correspondence	487	1.15	0.77	1.13
Greenberg Traurig	Nov 2007	Named in SEC correspondence	1,223	1.01	1.03	1.10
Frascona, Joiner, Goodman and Greenstein, P.C.	Feb 2005	Named in a filing	58	1.38	1.47	0.91
Reitler Brown & Rosenblatt LLC	Feb 2005	Named in SEC correspondence	16	0.00	1.17	0.83
Horn & Co. Law Offices	Oct 2021	Text search only	12	0.00	0.00	1.51
Cooley LLP	Feb 2017	Text search only	1,634	0.71	0.44	1.24
Pryor Cashman	Apr 2005	Text search only	229	1.28	1.25	1.28
J.M. Walker & Associates	Jan 2001	Text search only	73	1.51	1.67	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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Robert W. DickeyMorgan Lewis	Aug 2021	Named in a filing	7	0.00	0.00	0.00
Michael J. RosenbergLatham & Watkins LLP	Aug 2018	Named in SEC correspondence	27	0.00	0.00	0.77
Kristopher D. BrownGoodwin Procter	Aug 2018	Named in SEC correspondence	8	0.00	0.00	0.72
John B. ShannonAlston & Bird	Jan 2018	Named in a filing	29	0.67	0.00	0.74
Mark F. McElreathAlston & Bird	Jan 2015	Named in a filing	29	1.15	0.00	1.14
Matthew W. MamakAlston & Bird	Dec 2014	Named in SEC correspondence	20	1.62	0.00	0.47
Edward P. Bromley IIIReed Smith	Feb 2014	Named in SEC correspondence	13	1.33	1.55	1.46
Brad L. ShiffmanBlank Rome	May 2013	Named in a filing	47	1.33	0.74	1.61
Marianne SarrazinGoodwin Procter	May 2013	Named in a filing	32	0.77	2.86	1.25
Robert H. CohenMcDermott Will & Emery	Nov 2007	Named in SEC correspondence	39	0.74	0.39	2.04
Jody M. WalkerJ.M. Walker & Associates	Aug 2000	Named in a filing	102	1.52	1.51	0.86
Daniel I. GoldbergCooley LLP	Feb 2017	Text search only	184	0.64	0.00	1.03
Yvan-Claude PierreReed Smith	May 2013	Text search only	30	1.96	1.66	2.33