LINCOLN EDUCATIONAL SERVICES CORP LINC (last ticker on record)
CIK 1286613Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
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 2015
- Largest fall in its shares
- 98%
- Mar 2010 to Sep 2015
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Exit or disposal costs (Item 2.05)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/A (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.
- McCarter & EnglishFirst linked Jun 2005 · Named in SEC correspondence · 141 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.69× · 95% wipeout 0.78×
- Shearman & SterlingFirst linked Mar 2005 · Named in SEC correspondence · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Finn Dixon & HerlingFirst linked Mar 2005 · Text search only · 28 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.76× · 95% wipeout 2.33×
- Shipman & GoodwinFirst linked Mar 2005 · Text search only · 54 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.82× · 95% wipeout 1.18×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| McCarter & English | Jun 2005 | Named in SEC correspondence | 141 | 1.18 | 0.69 | 0.78 |
| Shearman & Sterling | Mar 2005 | Named in SEC correspondence | 2,649 | 1.21 | 0.13 | 0.87 |
| Finn Dixon & Herling | Mar 2005 | Text search only | 28 | 1.29 | 0.76 | 2.33 |
| Shipman & Goodwin | Mar 2005 | Text search only | 54 | 1.25 | 0.82 | 1.18 |
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.
- HOWARD M. BERKOWERBaker & McKenzieFirst linked Aug 2020 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 1.67× · Went dark 0.00× · 95% wipeout 0.00×
- Michele F. VaillantMcCarter & EnglishFirst linked Aug 2020 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.00× · 95% wipeout 0.68×
- John J. Cannon IIIShearman & SterlingFirst linked Mar 2005 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 0.66× · Went dark 0.00× · 95% wipeout 1.30×
- Rohan S. WeerasingheShearman & SterlingFirst linked Mar 2005 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.00× · 95% wipeout 1.75×
- Clare O'BrienShearman & SterlingFirst linked Mar 2005 · Text search only · 23 linked companiesSEC/DOJ scrutiny 1.77× · Went dark 0.00× · 95% wipeout 0.33×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| HOWARD M. BERKOWERBaker & McKenzie | Aug 2020 | Named in SEC correspondence | 7 | 1.67 | 0.00 | 0.00 |
| Michele F. VaillantMcCarter & English | Aug 2020 | Named in SEC correspondence | 9 | 1.04 | 0.00 | 0.68 |
| John J. Cannon IIIShearman & Sterling | Mar 2005 | Named in a filing | 22 | 0.66 | 0.00 | 1.30 |
| Rohan S. WeerasingheShearman & Sterling | Mar 2005 | Named in SEC correspondence | 19 | 0.78 | 0.00 | 1.75 |
| Clare O'BrienShearman & Sterling | Mar 2005 | Text search only | 23 | 1.77 | 0.00 | 0.33 |