DryShips Inc. DRYS (last ticker on record)
CIK 1308858Its SEC filings (opens in a new tab)
- 95% wipeout
- SEC/DOJ scrutiny
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 Aug 2017
- Largest fall in its shares
- 99%
- Nov 2016 to Jul 2017
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- A filing mentions an SEC subpoenaForm 20-F (opens in a new tab)
- A filing mentions an SEC subpoenaForm 6-K (opens in a new tab)
- Shares down 95% from their high
- Far more SEC letters than usualSEC letter (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.
- Fried FrankFirst linked Sep 2019 · Named in SEC correspondence · 540 linked companiesSEC/DOJ scrutiny 1.33× · Went dark 0.24× · 95% wipeout 0.94×
- Orrick, Herrington & Sutcliffe LLPFirst linked Jan 2016 · Named in SEC correspondence · 500 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.61× · 95% wipeout 1.08×
- Seward & KisselFirst linked Jan 2005 · Named in SEC correspondence · 164 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.19× · 95% wipeout 1.28×
- CMS Cameron McKennaFirst linked Mar 2015 · Text search only · 32 linked companiesSEC/DOJ scrutiny 0.53× · Went dark 0.00× · 95% wipeout 0.78×
- For and on behalf of CMS Cameron McKennaFirst linked Mar 2015 · Text search only · 5 linked companiesSEC/DOJ scrutiny 3.12× · Went dark 0.00× · 95% wipeout 3.99×
- McInnes CooperFirst linked Mar 2015 · Text search only · 34 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.48× · 95% wipeout 1.14×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Fried Frank | Sep 2019 | Named in SEC correspondence | 540 | 1.33 | 0.24 | 0.94 |
| Orrick, Herrington & Sutcliffe LLP | Jan 2016 | Named in SEC correspondence | 500 | 1.12 | 0.61 | 1.08 |
| Seward & Kissel | Jan 2005 | Named in SEC correspondence | 164 | 0.78 | 0.19 | 1.28 |
| CMS Cameron McKenna | Mar 2015 | Text search only | 32 | 0.53 | 0.00 | 0.78 |
| For and on behalf of CMS Cameron McKenna | Mar 2015 | Text search only | 5 | 3.12 | 0.00 | 3.99 |
| McInnes Cooper | Mar 2015 | Text search only | 34 | 1.14 | 0.48 | 1.14 |
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.
- Philip RichterFried FrankFirst linked Sep 2019 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 1.54× · Went dark 0.00× · 95% wipeout 1.65×
- Edward S. HortonSeward & KisselFirst linked Dec 2014 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 0.00× · 95% wipeout 2.01×
- Gary J. WolfeSeward & KisselFirst linked Jan 2005 · Named in SEC correspondence · 47 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.00× · 95% wipeout 2.65×
- Robert E. LustrinSeward & KisselFirst linked Jan 2005 · Named in a filing · 40 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.55× · 95% wipeout 3.08×
- Quentin WiestBaker Botts L.L.P.First linked Apr 2015 · Text search only · 9 linked companiesSEC/DOJ scrutiny 1.57× · Went dark 0.00× · 95% wipeout 3.99×
- George EconomouSeward & KisselFirst linked Jan 2005 · Text search only · 6 linked companiesSEC/DOJ scrutiny 2.88× · Went dark 0.00× · 95% wipeout 4.39×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Philip RichterFried Frank | Sep 2019 | Named in SEC correspondence | 44 | 1.54 | 0.00 | 1.65 |
| Edward S. HortonSeward & Kissel | Dec 2014 | Named in SEC correspondence | 39 | 0.72 | 0.00 | 2.01 |
| Gary J. WolfeSeward & Kissel | Jan 2005 | Named in SEC correspondence | 47 | 1.08 | 0.00 | 2.65 |
| Robert E. LustrinSeward & Kissel | Jan 2005 | Named in a filing | 40 | 1.29 | 0.55 | 3.08 |
| Quentin WiestBaker Botts L.L.P. | Apr 2015 | Text search only | 9 | 1.57 | 0.00 | 3.99 |
| George EconomouSeward & Kissel | Jan 2005 | Text search only | 6 | 2.88 | 0.00 | 4.39 |