EXACT SCIENCES CORP EXAS (last ticker on record)
CIK 1124140Its SEC filings (opens in a new tab)
- Restructuring
- 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
- 2
- Newest began Nov 2008
- Largest fall in its shares
- 96%
- Jan 2004 to Nov 2008
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 5
- 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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)Form 8-K/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)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.
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2019 · Named in a filing · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- K&L GatesFirst linked Jan 2010 · Named in SEC correspondence · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- Goodwin ProcterFirst linked Mar 2005 · Named in SEC correspondence · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Testa, Hurwitz & Thibeault, LLPFirst linked Oct 2000 · Named in a filing · 150 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.42× · 95% wipeout 1.31×
- Akin GumpFirst linked Aug 2019 · Text search only · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Skadden, Arps, Slate, Meagher & Flom LLP | Aug 2019 | Named in a filing | 2,607 | 1.15 | 0.19 | 0.85 |
| K&L Gates | Jan 2010 | Named in SEC correspondence | 723 | 1.06 | 1.35 | 1.18 |
| Goodwin Procter | Mar 2005 | Named in SEC correspondence | 1,221 | 0.79 | 0.31 | 1.17 |
| Testa, Hurwitz & Thibeault, LLP | Oct 2000 | Named in a filing | 150 | 1.08 | 0.42 | 1.31 |
| Akin Gump | Aug 2019 | Text search only | 582 | 1.24 | 0.52 | 1.25 |
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 W. Mulaney Jr.Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2019 · Named in a filing · 34 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.00× · 95% wipeout 0.29×
- Richard C. Witzel Jr.Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2019 · Named in a filing · 27 linked companiesSEC/DOJ scrutiny 0.51× · Went dark 0.00× · 95% wipeout 0.51×
- Mark R. BuschK&L GatesFirst linked Aug 2010 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 2.20×
- Edward A. KingGoodwin ProcterFirst linked Nov 2007 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 0.69× · Went dark 0.00× · 95% wipeout 1.36×
- William J. SchnoorGoodwin ProcterFirst linked Oct 2000 · Named in a filing · 23 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 0.00× · 95% wipeout 1.14×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Charles W. Mulaney Jr.Skadden, Arps, Slate, Meagher & Flom LLP | Aug 2019 | Named in a filing | 34 | 1.08 | 0.00 | 0.29 |
| Richard C. Witzel Jr.Skadden, Arps, Slate, Meagher & Flom LLP | Aug 2019 | Named in a filing | 27 | 0.51 | 0.00 | 0.51 |
| Mark R. BuschK&L Gates | Aug 2010 | Named in SEC correspondence | 14 | 0.61 | 0.00 | 2.20 |
| Edward A. KingGoodwin Procter | Nov 2007 | Named in SEC correspondence | 16 | 0.69 | 0.00 | 1.36 |
| William J. SchnoorGoodwin Procter | Oct 2000 | Named in a filing | 23 | 0.58 | 0.00 | 1.14 |