CORNERSTONE THERAPEUTICS INC CRTX (last ticker on record)
CIK 1145404Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
- 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
- 98%
- Sep 2005 to Sep 2008
- Law firms
- 8
- 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)
- 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)
- 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)
- Shares down 95% from their high
- 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)
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.
- Clifford Chance US LLPFirst linked May 2009 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.41× · 95% wipeout 0.85×
- Smith AndersonFirst linked May 2008 · Named in SEC correspondence · 67 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.00× · 95% wipeout 1.41×
- HALE AND DORRFirst linked Mar 2004 · Named in SEC correspondence · 665 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.33× · 95% wipeout 1.26×
- WILMER, CUTLER & PICKERINGFirst linked Mar 2004 · Named in SEC correspondence · 662 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.33× · 95% wipeout 1.26×
- Goodwin ProcterFirst linked Sep 2008 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Kilpatrick StocktonFirst linked Sep 2008 · Text search only · 191 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 0.37× · 95% wipeout 0.91×
- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Mar 2004 · Text search only · 567 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.60× · 95% wipeout 1.20×
- Palmer & DodgeFirst linked Mar 2004 · Text search only · 98 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.75× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Clifford Chance US LLP | May 2009 | Named in SEC correspondence | 260 | 0.92 | 0.41 | 0.85 |
| Smith Anderson | May 2008 | Named in SEC correspondence | 67 | 1.24 | 0.00 | 1.41 |
| HALE AND DORR | Mar 2004 | Named in SEC correspondence | 665 | 1.06 | 0.33 | 1.26 |
| WILMER, CUTLER & PICKERING | Mar 2004 | Named in SEC correspondence | 662 | 1.14 | 0.33 | 1.26 |
| Goodwin Procter | Sep 2008 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
| Kilpatrick Stockton | Sep 2008 | Text search only | 191 | 0.88 | 0.37 | 0.91 |
| Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Mar 2004 | Text search only | 567 | 0.92 | 0.60 | 1.20 |
| Palmer & Dodge | Mar 2004 | Text search only | 98 | 0.89 | 0.75 | 0.99 |
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.
- John A. HealyClifford Chance US LLPFirst linked May 2009 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.07×
- Michael J. LaCasciaWILMER, CUTLER & PICKERINGFirst linked Jul 2008 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 0.42× · Went dark 0.00× · 95% wipeout 1.26×
- Brian A. JohnsonWILMER, CUTLER & PICKERINGFirst linked Aug 2007 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 1.43× · Went dark 0.00× · 95% wipeout 1.17×
- Steven D. SingerWILMER, CUTLER & PICKERINGFirst linked Mar 2004 · Named in SEC correspondence · 42 linked companiesSEC/DOJ scrutiny 0.37× · Went dark 0.00× · 95% wipeout 1.27×
- Stuart M. FalberWILMER, CUTLER & PICKERINGFirst linked Mar 2004 · Named in a filing · 32 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 1.27×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| John A. HealyClifford Chance US LLP | May 2009 | Named in SEC correspondence | 18 | 0.00 | 0.00 | 1.07 |
| Michael J. LaCasciaWILMER, CUTLER & PICKERING | Jul 2008 | Named in SEC correspondence | 13 | 0.42 | 0.00 | 1.26 |
| Brian A. JohnsonWILMER, CUTLER & PICKERING | Aug 2007 | Named in SEC correspondence | 27 | 1.43 | 0.00 | 1.17 |
| Steven D. SingerWILMER, CUTLER & PICKERING | Mar 2004 | Named in SEC correspondence | 42 | 0.37 | 0.00 | 1.27 |
| Stuart M. FalberWILMER, CUTLER & PICKERING | Mar 2004 | Named in a filing | 32 | 1.05 | 0.00 | 1.27 |