PHOENIX COMPANIES INC/DE PNX (last ticker on record)
CIK 1129633Its SEC filings (opens in a new tab)
- 95% wipeout
- Restatement
- Delisting notice (not a red flag)
- SEC/DOJ scrutiny
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 Jul 2016
- Largest fall in its shares
- 98%
- Apr 2006 to Mar 2009
- Law firms
- 17
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- SEC administrative proceedingSEC order (opens in a new tab)
- SEC enforcement releaseSEC release (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (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)
- SEC administrative actionSEC order (opens in a new tab)
- SEC administrative proceedingSEC order (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- A filing mentions a formal order of investigationForm 10-Q (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.
- Day Pitney LLPFirst linked Nov 2014 · Named in SEC correspondence · 69 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.00× · 95% wipeout 0.74×
- Simpson Thacher & BartlettFirst linked Mar 2008 · Named in SEC correspondence · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Debevoise & PlimptonFirst linked Feb 2001 · Named in a filing · 424 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 0.14× · 95% wipeout 1.04×
- Lowenstein SandlerFirst linked Mar 2008 · Text search only · 297 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.70× · 95% wipeout 1.42×
- Davis PolkFirst linked Sep 2002 · Text search only · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Gibson, Dunn & Crutcher LLPFirst linked Dec 2001 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Robinson & Cole LLPFirst linked Nov 2001 · Text search only · 133 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.56× · 95% wipeout 0.88×
- Baker & McKenzieFirst linked Feb 2001 · Text search only · 587 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.72× · 95% wipeout 1.00×
- Cahill Gordon & ReindelFirst linked Feb 2001 · Text search only · 598 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.18× · 95% wipeout 0.77×
- Hunton & WilliamsFirst linked Feb 2001 · Text search only · 404 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.36× · 95% wipeout 0.65×
- Lord Bissell & BrookFirst linked Feb 2001 · Text search only · 42 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 1.04× · 95% wipeout 0.41×
- Morgan LewisFirst linked Feb 2001 · Text search only · 1,028 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.31× · 95% wipeout 1.02×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Feb 2001 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Stroock & Stroock & LavanFirst linked Feb 2001 · Text search only · 178 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.78× · 95% wipeout 0.96×
- Wachtell Lipton Rosen & KatzFirst linked Feb 2001 · Text search only · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Weil, Gotshal & Manges LLPFirst linked Feb 2001 · Text search only · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
- Williams MullenFirst linked Feb 2001 · Text search only · 113 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.00× · 95% wipeout 0.67×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Day Pitney LLP | Nov 2014 | Named in SEC correspondence | 69 | 1.26 | 0.00 | 0.74 |
| Simpson Thacher & Bartlett | Mar 2008 | Named in SEC correspondence | 1,396 | 1.28 | 0.11 | 0.92 |
| Debevoise & Plimpton | Feb 2001 | Named in a filing | 424 | 1.10 | 0.14 | 1.04 |
| Lowenstein Sandler | Mar 2008 | Text search only | 297 | 1.12 | 0.70 | 1.42 |
| Davis Polk | Sep 2002 | Text search only | 1,694 | 1.26 | 0.06 | 1.02 |
| Gibson, Dunn & Crutcher LLP | Dec 2001 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Robinson & Cole LLP | Nov 2001 | Text search only | 133 | 0.95 | 0.56 | 0.88 |
| Baker & McKenzie | Feb 2001 | Text search only | 587 | 1.07 | 0.72 | 1.00 |
| Cahill Gordon & Reindel | Feb 2001 | Text search only | 598 | 1.03 | 0.18 | 0.77 |
| Hunton & Williams | Feb 2001 | Text search only | 404 | 1.06 | 0.36 | 0.65 |
| Lord Bissell & Brook | Feb 2001 | Text search only | 42 | 1.24 | 1.04 | 0.41 |
| Morgan Lewis | Feb 2001 | Text search only | 1,028 | 1.18 | 0.31 | 1.02 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Feb 2001 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
| Stroock & Stroock & Lavan | Feb 2001 | Text search only | 178 | 0.98 | 0.78 | 0.96 |
| Wachtell Lipton Rosen & Katz | Feb 2001 | Text search only | 889 | 1.31 | 0.07 | 0.59 |
| Weil, Gotshal & Manges LLP | Feb 2001 | Text search only | 1,051 | 1.31 | 0.27 | 0.91 |
| Williams Mullen | Feb 2001 | Text search only | 113 | 0.92 | 0.00 | 0.67 |
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.
- Alan H. PaleyDebevoise & PlimptonFirst linked Nov 2001 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 0.57× · Went dark 0.00× · 95% wipeout 2.15×
- Frank E. Lawatsch Jr.Day Pitney LLPFirst linked Nov 2014 · Text search only · 13 linked companiesSEC/DOJ scrutiny 0.74× · Went dark 0.00× · 95% wipeout 0.00×
- John G. FinleySimpson Thacher & BartlettFirst linked Mar 2008 · Text search only · 17 linked companiesSEC/DOJ scrutiny 1.76× · Went dark 0.00× · 95% wipeout 0.66×
- John M. BrandowWilliams MullenFirst linked Sep 2002 · Text search only · 10 linked companiesSEC/DOJ scrutiny 2.63× · Went dark 0.00× · 95% wipeout 1.46×
- Craig M. WassermanWachtell Lipton Rosen & KatzFirst linked Feb 2001 · Text search only · 33 linked companiesSEC/DOJ scrutiny 1.49× · Went dark 1.05× · 95% wipeout 0.66×
- Gerald S. TanenbaumCahill Gordon & ReindelFirst linked Feb 2001 · Text search only · 20 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.00× · 95% wipeout 1.60×
- Gregory V. GoodingDebevoise & PlimptonFirst linked Feb 2001 · Text search only · 13 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.00× · 95% wipeout 1.65×
- Paul T. SchnellSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Feb 2001 · Text search only · 37 linked companiesSEC/DOJ scrutiny 2.07× · Went dark 0.00× · 95% wipeout 0.23×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alan H. PaleyDebevoise & Plimpton | Nov 2001 | Named in a filing | 10 | 0.57 | 0.00 | 2.15 |
| Frank E. Lawatsch Jr.Day Pitney LLP | Nov 2014 | Text search only | 13 | 0.74 | 0.00 | 0.00 |
| John G. FinleySimpson Thacher & Bartlett | Mar 2008 | Text search only | 17 | 1.76 | 0.00 | 0.66 |
| John M. BrandowWilliams Mullen | Sep 2002 | Text search only | 10 | 2.63 | 0.00 | 1.46 |
| Craig M. WassermanWachtell Lipton Rosen & Katz | Feb 2001 | Text search only | 33 | 1.49 | 1.05 | 0.66 |
| Gerald S. TanenbaumCahill Gordon & Reindel | Feb 2001 | Text search only | 20 | 1.02 | 0.00 | 1.60 |
| Gregory V. GoodingDebevoise & Plimpton | Feb 2001 | Text search only | 13 | 1.40 | 0.00 | 1.65 |
| Paul T. SchnellSkadden, Arps, Slate, Meagher & Flom LLP | Feb 2001 | Text search only | 37 | 2.07 | 0.00 | 0.23 |