AMERICAN DEFENSE SYSTEMS INC ADFS (last ticker on record)
CIK 1260996Its SEC filings (opens in a new tab)
- Restatement
- 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
- 1
- Newest began Nov 2009
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- 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)
- 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)
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.
- Parker Poe Adams & BernsteinFirst linked Feb 2013 · Named in SEC correspondence · 45 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.53× · 95% wipeout 1.00×
- Troutman Sanders LLPFirst linked Feb 2012 · Named in SEC correspondence · 335 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.61× · 95% wipeout 1.22×
- DLA PiperFirst linked Nov 2011 · Named in SEC correspondence · 1,185 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.17×
- Greenberg TraurigFirst linked Dec 2007 · Named in a filing · 1,224 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.12×
- Schulte Roth & ZabelFirst linked Mar 2008 · Text search only · 296 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.44× · 95% wipeout 1.01×
- Gibson, Dunn & Crutcher LLPFirst linked Dec 2007 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.95×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Parker Poe Adams & Bernstein | Feb 2013 | Named in SEC correspondence | 45 | 1.03 | 0.53 | 1.00 |
| Troutman Sanders LLP | Feb 2012 | Named in SEC correspondence | 335 | 1.14 | 0.61 | 1.22 |
| DLA Piper | Nov 2011 | Named in SEC correspondence | 1,185 | 1.00 | 0.45 | 1.17 |
| Greenberg Traurig | Dec 2007 | Named in a filing | 1,224 | 1.01 | 1.03 | 1.12 |
| Schulte Roth & Zabel | Mar 2008 | Text search only | 296 | 0.93 | 0.44 | 1.01 |
| Gibson, Dunn & Crutcher LLP | Dec 2007 | Text search only | 1,125 | 1.23 | 0.20 | 0.95 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jeffrey R. HouleGreenberg Traurig | Dec 2007 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 0.00 |