Longhai Steel Inc. ACTN (last ticker on record)
CIK 1296286Its SEC filings (opens in a new tab)
- 95% wipeout
- Went dark (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 Sep 2011
- Largest fall in its shares
- 99%
- Jan 2011 to Nov 2013
- Law firms
- 11
- Linked to 5 or more companies
- Lawyers
- 9
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Shares down 95% from their high
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.
- Lewis and RocaFirst linked Sep 2010 · Named in a filing · 46 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 1.60× · 95% wipeout 1.33×
- Kaufman & Canoles, P.C.First linked Jul 2010 · Named in a filing · 69 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.65× · 95% wipeout 1.46×
- Pillsbury WinthropFirst linked Jul 2010 · Named in SEC correspondence · 516 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.82× · 95% wipeout 1.27×
- Buker, Jones & Haley, P.C.First linked Aug 2004 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.27× · 95% wipeout 1.39×
- Jones, Haley & Mottern, P.C.First linked Aug 2004 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 0.82× · Went dark 1.91× · 95% wipeout 0.79×
- O Melveny & Myers LLPFirst linked Dec 2010 · Text search only · 589 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.25× · 95% wipeout 1.07×
- Goodwin & GoodwinFirst linked Oct 2010 · Text search only · 12 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.05× · 95% wipeout 1.47×
- AllBright Law OfficesFirst linked Sep 2010 · Text search only · 106 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 1.49× · 95% wipeout 1.16×
- Dechert LLPFirst linked Jul 2010 · Text search only · 434 linked companiesSEC/DOJ scrutiny 0.84× · Went dark 0.41× · 95% wipeout 0.96×
- Paul HastingsFirst linked Jul 2010 · Text search only · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- The Crone Law GroupFirst linked Apr 2010 · Text search only · 116 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 2.14× · 95% wipeout 1.31×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Lewis and Roca | Sep 2010 | Named in a filing | 46 | 1.25 | 1.60 | 1.33 |
| Kaufman & Canoles, P.C. | Jul 2010 | Named in a filing | 69 | 0.92 | 0.65 | 1.46 |
| Pillsbury Winthrop | Jul 2010 | Named in SEC correspondence | 516 | 1.13 | 0.82 | 1.27 |
| Buker, Jones & Haley, P.C. | Aug 2004 | Named in a filing | 10 | 0.00 | 1.27 | 1.39 |
| Jones, Haley & Mottern, P.C. | Aug 2004 | Named in SEC correspondence | 39 | 0.82 | 1.91 | 0.79 |
| O Melveny & Myers LLP | Dec 2010 | Text search only | 589 | 1.07 | 0.25 | 1.07 |
| Goodwin & Goodwin | Oct 2010 | Text search only | 12 | 0.00 | 1.05 | 1.47 |
| AllBright Law Offices | Sep 2010 | Text search only | 106 | 0.72 | 1.49 | 1.16 |
| Dechert LLP | Jul 2010 | Text search only | 434 | 0.84 | 0.41 | 0.96 |
| Paul Hastings | Jul 2010 | Text search only | 768 | 0.98 | 0.72 | 1.09 |
| The Crone Law Group | Apr 2010 | Text search only | 116 | 1.23 | 2.14 | 1.31 |
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.
- Joseph R. TianoPillsbury WinthropFirst linked Sep 2012 · Named in a filing · 27 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 3.08× · 95% wipeout 1.14×
- Louis A. BevilacquaBevilacqua PLLCFirst linked Sep 2012 · Named in a filing · 103 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 1.97× · 95% wipeout 1.30×
- Fang LiuVCL Law LLPFirst linked May 2012 · Named in SEC correspondence · 49 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 2.52× · 95% wipeout 1.31×
- Anthony W. BaschKaufman & Canoles, P.C.First linked Jul 2010 · Named in a filing · 54 linked companiesSEC/DOJ scrutiny 0.45× · Went dark 0.46× · 95% wipeout 1.25×
- Bradley A. HanebergKaufman & Canoles, P.C.First linked Jul 2010 · Named in a filing · 24 linked companiesSEC/DOJ scrutiny 0.37× · Went dark 0.69× · 95% wipeout 1.19×
- Steve ZhuAllBright Law OfficesFirst linked Sep 2010 · Text search only · 15 linked companiesSEC/DOJ scrutiny 0.62× · Went dark 3.66× · 95% wipeout 1.85×
- Scott C. KlinePillsbury WinthropFirst linked Jul 2010 · Text search only · 27 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 3.13× · 95% wipeout 2.34×
- Adam M. GuttmannThe Crone Law GroupFirst linked Apr 2010 · Text search only · 8 linked companiesSEC/DOJ scrutiny 3.39× · Went dark 3.29× · 95% wipeout 4.13×
- Ryan NailThe Crone Law GroupFirst linked Apr 2010 · Text search only · 10 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 2.58× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Joseph R. TianoPillsbury Winthrop | Sep 2012 | Named in a filing | 27 | 0.79 | 3.08 | 1.14 |
| Louis A. BevilacquaBevilacqua PLLC | Sep 2012 | Named in a filing | 103 | 0.92 | 1.97 | 1.30 |
| Fang LiuVCL Law LLP | May 2012 | Named in SEC correspondence | 49 | 1.08 | 2.52 | 1.31 |
| Anthony W. BaschKaufman & Canoles, P.C. | Jul 2010 | Named in a filing | 54 | 0.45 | 0.46 | 1.25 |
| Bradley A. HanebergKaufman & Canoles, P.C. | Jul 2010 | Named in a filing | 24 | 0.37 | 0.69 | 1.19 |
| Steve ZhuAllBright Law Offices | Sep 2010 | Text search only | 15 | 0.62 | 3.66 | 1.85 |
| Scott C. KlinePillsbury Winthrop | Jul 2010 | Text search only | 27 | 0.73 | 3.13 | 2.34 |
| Adam M. GuttmannThe Crone Law Group | Apr 2010 | Text search only | 8 | 3.39 | 3.29 | 4.13 |
| Ryan NailThe Crone Law Group | Apr 2010 | Text search only | 10 | 1.46 | 2.58 | 1.20 |