Athenex, Inc. ATNX (last ticker on record)

CIK 1300699Its SEC filings (opens in a new tab)

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

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 May 2023
Largest fall in its shares: 99%; Jul 2019 to Jul 2023
Law firms: 9; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Oct 2, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Jul 18, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
May 22, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
May 22, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
May 22, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 22, 2023Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 3, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 16, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 18, 2022Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jul 1, 2022Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jun 24, 2022Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Mar 24, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 21, 2022Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jan 21, 2022Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Harter Secrest & Emery LLP	May 2019	Named in SEC correspondence	77	1.35	0.33	0.70
Latham & Watkins LLP	Jan 2018	Named in SEC correspondence	2,667	0.98	0.31	1.10
Commerce & Finance Law Offices	May 2017	Named in SEC correspondence	157	1.00	0.53	1.02
Sidley Austin	Dec 2016	Named in SEC correspondence	1,210	1.30	0.14	0.93
Simpson Thacher & Bartlett	Dec 2016	Named in SEC correspondence	1,396	1.28	0.11	0.92
Cooley LLP	Jun 2017	Text search only	1,634	0.71	0.44	1.24
Harris Beach	May 2017	Text search only	38	1.03	0.00	1.24
King & Wood	May 2017	Text search only	172	1.23	0.34	1.24
Milbank Tweed Hadley & McCloy	Dec 2016	Text search only	439	1.03	0.35	0.76

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
Margaret K. RhodaHarter Secrest & Emery LLP	Mar 2022	Named in a filing	7	0.00	0.00	1.06
James M. JenkinsHarter Secrest & Emery LLP	Jul 2019	Named in a filing	19	0.44	0.00	0.70
Alexander R. McCleanHarter Secrest & Emery LLP	May 2019	Named in SEC correspondence	27	0.86	0.00	0.64
Brian J. CuneoLatham & Watkins LLP	Jan 2018	Named in SEC correspondence	71	0.54	0.00	1.81
Nathan AjiashviliLatham & Watkins LLP	Jan 2018	Named in SEC correspondence	76	0.38	0.00	1.17
Daniel FertigSimpson Thacher & Bartlett	Dec 2016	Named in SEC correspondence	39	1.24	0.00	1.28
Karen A. DewisMcDermott Will & Emery	Dec 2016	Named in SEC correspondence	8	0.00	0.00	0.92
Kathryn King SudolSimpson Thacher & Bartlett	Jan 2018	Text search only	36	1.16	0.85	1.41