RigNet, Inc. RNET (last ticker on record)
CIK 1162112Its 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 Mar 2020
- Largest fall in its shares
- 98%
- Jul 2014 to May 2020
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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.
- Norton RoseFirst linked Oct 2014 · Named in SEC correspondence · 304 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 0.52× · 95% wipeout 1.24×
- Cleary Gottlieb Steen & HamiltonFirst linked Oct 2010 · Named in SEC correspondence · 741 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.12× · 95% wipeout 0.76×
- Fulbright & JaworskiFirst linked Oct 2010 · Named in SEC correspondence · 359 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 0.75× · 95% wipeout 1.35×
- Bingham McCutchenFirst linked Nov 2010 · Text search only · 291 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.38× · 95% wipeout 1.06×
- Willkie FarrFirst linked Nov 2010 · Text search only · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- DLA PiperFirst linked Oct 2010 · Text search only · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Porter & HedgesFirst linked Oct 2010 · Text search only · 108 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.36× · 95% wipeout 1.44×
- Slaughter and MayFirst linked Oct 2010 · Text search only · 35 linked companiesSEC/DOJ scrutiny 1.64× · Went dark 0.00× · 95% wipeout 1.22×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Norton Rose | Oct 2014 | Named in SEC correspondence | 304 | 1.11 | 0.52 | 1.24 |
| Cleary Gottlieb Steen & Hamilton | Oct 2010 | Named in SEC correspondence | 741 | 1.31 | 0.12 | 0.76 |
| Fulbright & Jaworski | Oct 2010 | Named in SEC correspondence | 359 | 1.10 | 0.75 | 1.35 |
| Bingham McCutchen | Nov 2010 | Text search only | 291 | 0.94 | 0.38 | 1.06 |
| Willkie Farr | Nov 2010 | Text search only | 539 | 1.23 | 0.40 | 0.84 |
| DLA Piper | Oct 2010 | Text search only | 1,184 | 1.00 | 0.45 | 1.20 |
| Porter & Hedges | Oct 2010 | Text search only | 108 | 1.13 | 0.36 | 1.44 |
| Slaughter and May | Oct 2010 | Text search only | 35 | 1.64 | 0.00 | 1.22 |
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.
- Brian P. FenskeNorton RoseFirst linked Oct 2010 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 0.63× · Went dark 0.00× · 95% wipeout 1.80×
- Jeffrey D. KarpfCleary Gottlieb Steen & HamiltonFirst linked Oct 2010 · Named in SEC correspondence · 35 linked companiesSEC/DOJ scrutiny 2.58× · Went dark 0.00× · 95% wipeout 1.42×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brian P. FenskeNorton Rose | Oct 2010 | Named in SEC correspondence | 22 | 0.63 | 0.00 | 1.80 |
| Jeffrey D. KarpfCleary Gottlieb Steen & Hamilton | Oct 2010 | Named in SEC correspondence | 35 | 2.58 | 0.00 | 1.42 |