COMMUNITY HEALTH SYSTEMS INC CYH (last ticker on record)

CIK 1108109Its SEC filings (opens in a new tab)

Restructuring
SEC/DOJ scrutiny
95% wipeout

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: 3; Newest began Jun 2019
Largest fall in its shares: 96%; Jun 2015 to Aug 2019
Law firms: 31; Linked to 5 or more companies
Lawyers: 12; Linked to 5 or more companies

What happened

Jun 19, 2019Shares down 95% from their high
Jan 10, 2014A filing mentions cooperating with the Justice DepartmentForm 8-K (opens in a new tab)
Feb 27, 2013A filing mentions an SEC subpoenaForm 10-K (opens in a new tab)
Aug 1, 2011A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
Aug 1, 2011A filing mentions an SEC subpoenaForm 10-Q (opens in a new tab)
May 18, 2011A filing mentions an SEC subpoenaForm 8-K (opens in a new tab)
Dec 16, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 14, 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
Simpson Thacher & Bartlett	Mar 2019	Named in a filing	1,396	1.28	0.11	0.92
Buchanan Ingersoll Professional Corporation	Sep 2014	Named in a filing	123	1.14	0.73	1.47
Husch Blackwell	Sep 2014	Named in a filing	154	1.00	1.03	1.18
MONTGOMERY & ANDREWS	Sep 2014	Named in a filing	8	0.00	0.00	2.93
Snell & Wilmer	Sep 2014	Named in a filing	244	1.34	1.19	1.38
Bass, Berry & Sims	Aug 2014	Named in SEC correspondence	40	0.88	0.61	0.70
Ballard Spahr	Mar 2012	Named in a filing	492	1.23	1.06	0.73
Bingham Greenebaum Doll	Mar 2012	Named in a filing	20	0.85	0.00	1.07
Bradley Arant Boult Cummings	Mar 2012	Named in a filing	58	1.11	0.00	0.73
Hancock Daniel Johnson & Nagle	Mar 2012	Named in a filing	12	0.79	0.00	0.74
King & Spalding	Mar 2012	Named in a filing	426	1.28	0.35	1.04
Kutak Rock	Mar 2012	Named in a filing	123	0.93	1.56	0.64
McAfee & Taft A Professional Corporation	Mar 2012	Named in a filing	63	1.24	0.44	1.29
Parker Poe Adams & Bernstein	Mar 2012	Named in a filing	45	1.03	0.53	0.87
Steptoe & Johnson	Mar 2012	Named in a filing	80	1.10	0.65	1.34
Kirkland & Ellis	Sep 2007	Named in SEC correspondence	1,686	0.98	0.17	0.87
Fried Frank	Mar 2000	Named in SEC correspondence	540	1.33	0.24	0.94
Adams and Reese	Sep 2014	Text search only	37	1.78	0.43	1.55
Hodgson Russ	Sep 2014	Text search only	85	1.15	0.91	1.39
McGuireWoods LLP	Sep 2014	Text search only	358	0.97	0.85	1.11
Arnold & Porter	Sep 2013	Text search only	254	1.03	0.11	0.84
Paul Weiss Rifkind Wharton & Garrison	Sep 2013	Text search only	826	1.02	0.18	0.83
Liechty & McGinnis	Mar 2012	Text search only	7	1.14	0.00	3.27
Lionel Sawyer & Collins	Mar 2012	Text search only	128	1.07	0.88	0.96
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC	Oct 2007	Text search only	149	0.72	1.18	1.15
Dewey Ballantine	Oct 2007	Text search only	228	2.03	0.29	0.87
Greenebaum Doll & McDonald	Oct 2007	Text search only	24	1.44	0.00	0.38
Reed Smith	Oct 2007	Text search only	487	1.15	0.77	1.13
Waller Lansden Dortch & Davis	Oct 2007	Text search only	76	1.06	0.65	1.20
Cravath Swaine & Moore	Sep 2007	Text search only	839	1.29	0.03	0.85
Shearman & Sterling	Mar 2005	Text search only	2,649	1.21	0.13	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
Richard A. FenyesSimpson Thacher & Bartlett	Mar 2019	Named in a filing	39	0.36	0.00	0.32
Suzanne C. OdomMONTGOMERY & ANDREWS	Sep 2014	Named in a filing	6	0.00	0.00	4.19
Michael P. BrueckKirkland & Ellis	Sep 2013	Named in a filing	14	2.46	0.00	1.26
Stephen FraidinCadwalader Wickersham & Taft	Sep 2013	Named in a filing	26	1.21	0.00	1.18
Emmett W. BerrymanLiechty & McGinnis	Mar 2012	Named in a filing	7	1.44	0.00	3.54
Thomas W. ChristopherKirkland & Ellis	Jul 2011	Named in SEC correspondence	23	1.46	0.00	0.43
Joshua WechslerFried Frank	Mar 2005	Named in SEC correspondence	22	0.42	0.00	0.92
Paul T. Shultz	Dec 2004	Named in a filing	136	1.34	0.18	1.49
Jeffrey BagnerFried Frank	Mar 2000	Named in SEC correspondence	16	1.66	0.00	0.63
Michael KimKirkland & Ellis	Mar 2012	Text search only	48	0.63	0.00	1.82
Paul D. GilbertWaller Lansden Dortch & Davis	Oct 2007	Text search only	9	2.63	0.00	1.18
John F. Kennedy	Sep 2001	Text search only	190	1.52	0.60	1.17