NEPHROS INC NEPH (last ticker on record)

CIK 1196298Its SEC filings (opens in a new tab)

Restructuring
Delisting notice (not a red flag)
95% wipeout
Restatement

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 Mar 2015
Largest fall in its shares: 99%; Aug 2009 to Sep 2022
Law firms: 11; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Mar 31, 2015Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Dec 20, 2010Shares down 95% from their high
Jan 26, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 14, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 18, 2008Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 3, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 3, 2007Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 20, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 22, 2006Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Aug 17, 2006Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 21, 2006Delisting 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Fredrikson & Byron, P.A.	Jun 2015	Named in SEC correspondence	154	0.55	0.53	1.07
Day Pitney LLP	Sep 2011	Named in a filing	69	1.26	0.00	0.74
Wyrick Robbins Yates & Ponton LLP	Aug 2009	Named in SEC correspondence	113	0.71	0.68	1.07
Haynes and Boone	Apr 2008	Named in SEC correspondence	353	1.03	0.56	0.84
Kramer Levin Naftalis	Oct 2002	Named in SEC correspondence	304	0.95	0.68	1.16
Akin Gump	Oct 2010	Text search only	582	1.24	0.52	1.25
Debevoise & Plimpton	Oct 2009	Text search only	424	1.10	0.14	1.04
Schulte Roth & Zabel	Oct 2009	Text search only	296	0.93	0.44	0.99
ROSENMAN & COLIN LLP	Feb 2003	Text search only	40	0.82	2.29	1.80
O'Sullivan Graev & Karabell	Oct 2002	Text search only	35	1.19	0.58	1.70
Skadden, Arps, Slate, Meagher & Flom LLP	Oct 2002	Text search only	2,607	1.15	0.19	0.85

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Amanda K. LorentzFredrikson & Byron, P.A.	Jun 2015	Named in a filing	6	0.00	0.00	0.00
Christopher J. MelshaFredrikson & Byron, P.A.	Jun 2015	Named in SEC correspondence	18	0.00	0.00	1.37
Michael T. RaveDay Pitney LLP	Sep 2011	Named in a filing	11	2.10	0.00	0.00
Alexander M. DonaldsonWyrick Robbins Yates & Ponton LLP	Aug 2009	Named in SEC correspondence	29	1.15	0.00	1.35
W. David MannheimNelson Mullins	Aug 2009	Named in a filing	23	0.60	0.97	1.18
Thomas D. BalliettKramer Levin Naftalis	Jun 2004	Named in a filing	5	1.39	0.00	1.60
Peter G. SmithKramer Levin Naftalis	Oct 2002	Named in a filing	23	1.54	0.00	1.25
Seth R. MolayAkin Gump	Oct 2010	Text search only	22	0.74	1.16	1.23