WCI COMMUNITIES INC WCI (last ticker on record)
CIK 1137778Its SEC filings (opens in a new tab)
- Restructuring
- Bankruptcy
- Delisting notice (not a red flag)
- 95% wipeout
- 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
- 4
- Newest began Apr 2010
- Largest fall in its shares
- 99%
- Jul 2008 to Aug 2009
- Law firms
- 10
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- An SEC release names it, an officer or its stockSEC release (opens in a new tab)
- Shares down 95% from their high
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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)
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.
- White & CaseFirst linked Aug 2008 · Named in a filing · 907 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.33× · 95% wipeout 0.91×
- Simpson Thacher & BartlettFirst linked Apr 2001 · Named in a filing · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Bingham McCutchenFirst linked Nov 2003 · Text search only · 291 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.38× · 95% wipeout 1.06×
- Gray, Harris & Robinson, P.A.First linked Apr 2002 · Text search only · 6 linked companiesSEC/DOJ scrutiny 3.47× · Went dark 2.22× · 95% wipeout 3.20×
- Michael Best & FriedrichFirst linked Jun 2001 · Text search only · 65 linked companiesSEC/DOJ scrutiny 1.51× · Went dark 0.48× · 95% wipeout 0.61×
- Latham & Watkins LLPFirst linked Apr 2001 · Text search only · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Paul HastingsFirst linked Apr 2001 · Text search only · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- Shearman & SterlingFirst linked Apr 2001 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Sidley AustinFirst linked Apr 2001 · Text search only · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Winston & StrawnFirst linked Apr 2001 · Text search only · 585 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.60× · 95% wipeout 1.02×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| White & Case | Aug 2008 | Named in a filing | 907 | 1.04 | 0.33 | 0.91 |
| Simpson Thacher & Bartlett | Apr 2001 | Named in a filing | 1,396 | 1.28 | 0.11 | 0.92 |
| Bingham McCutchen | Nov 2003 | Text search only | 291 | 0.94 | 0.38 | 1.06 |
| Gray, Harris & Robinson, P.A. | Apr 2002 | Text search only | 6 | 3.47 | 2.22 | 3.20 |
| Michael Best & Friedrich | Jun 2001 | Text search only | 65 | 1.51 | 0.48 | 0.61 |
| Latham & Watkins LLP | Apr 2001 | Text search only | 2,667 | 0.98 | 0.31 | 1.10 |
| Paul Hastings | Apr 2001 | Text search only | 768 | 0.98 | 0.72 | 1.09 |
| Shearman & Sterling | Apr 2001 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
| Sidley Austin | Apr 2001 | Text search only | 1,210 | 1.30 | 0.14 | 0.93 |
| Winston & Strawn | Apr 2001 | Text search only | 585 | 1.18 | 0.60 | 1.02 |
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.
- Colin J. DiamondWhite & CaseFirst linked Aug 2008 · Named in a filing · 83 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 0.82×
- Mario A. PonceSimpson Thacher & BartlettFirst linked Mar 2007 · Named in a filing · 23 linked companiesSEC/DOJ scrutiny 2.60× · Went dark 1.10× · 95% wipeout 1.22×
- John B. TehanSimpson Thacher & BartlettFirst linked Apr 2001 · Named in a filing · 33 linked companiesSEC/DOJ scrutiny 2.25× · Went dark 0.00× · 95% wipeout 0.59×
- OR FORMATIONSimpson Thacher & BartlettFirst linked Feb 2002 · Text search only · 160 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.15× · 95% wipeout 0.90×
- Raymond Y. LinLatham & Watkins LLPFirst linked Apr 2001 · Text search only · 37 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.00× · 95% wipeout 2.32×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Colin J. DiamondWhite & Case | Aug 2008 | Named in a filing | 83 | 0.61 | 0.00 | 0.82 |
| Mario A. PonceSimpson Thacher & Bartlett | Mar 2007 | Named in a filing | 23 | 2.60 | 1.10 | 1.22 |
| John B. TehanSimpson Thacher & Bartlett | Apr 2001 | Named in a filing | 33 | 2.25 | 0.00 | 0.59 |
| OR FORMATIONSimpson Thacher & Bartlett | Feb 2002 | Text search only | 160 | 1.27 | 0.15 | 0.90 |
| Raymond Y. LinLatham & Watkins LLP | Apr 2001 | Text search only | 37 | 1.31 | 0.00 | 2.32 |