SEARS HOLDINGS CORP SHLD (last ticker on record)
CIK 1310067Its SEC filings (opens in a new tab)
- 95% wipeout
- Bankruptcy
- Restructuring
- 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
- 3
- Newest began Oct 2018
- Largest fall in its shares
- 98%
- Aug 2016 to Oct 2018
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K/A (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K/A (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- 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 (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.
- Simpson Thacher & BartlettFirst linked Dec 2004 · Named in a filing · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Wachtell Lipton Rosen & KatzFirst linked Dec 2004 · Named in a filing · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Dykema GossettFirst linked Apr 2011 · Text search only · 115 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.23× · 95% wipeout 0.87×
- K&L GatesFirst linked Apr 2011 · Text search only · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- Morris Nichols Arsht & TunnellFirst linked Apr 2011 · Text search only · 256 linked companiesSEC/DOJ scrutiny 1.51× · Went dark 0.21× · 95% wipeout 0.89×
- Shearman & SterlingFirst linked Apr 2011 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Simpson Thacher & Bartlett | Dec 2004 | Named in a filing | 1,396 | 1.28 | 0.11 | 0.92 |
| Wachtell Lipton Rosen & Katz | Dec 2004 | Named in a filing | 889 | 1.31 | 0.07 | 0.59 |
| Dykema Gossett | Apr 2011 | Text search only | 115 | 0.95 | 0.23 | 0.87 |
| K&L Gates | Apr 2011 | Text search only | 723 | 1.06 | 1.35 | 1.18 |
| Morris Nichols Arsht & Tunnell | Apr 2011 | Text search only | 256 | 1.51 | 0.21 | 0.89 |
| Shearman & Sterling | Apr 2011 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
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 |
|---|---|---|---|---|---|---|
| David E. ShapiroWachtell Lipton Rosen & Katz | Oct 2014 | Named in a filing | 56 | 0.95 | 0.00 | 0.54 |