180 Connect Inc. CNCT (last ticker on record)
CIK 1323639Its SEC filings (opens in a new tab)
- Restatement
- Restructuring
- 95% wipeout
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 Jun 2008
- Largest fall in its shares
- 99%
- Jul 2007 to Apr 2009
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K/A (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)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.
- O Melveny & Myers LLPFirst linked Jul 2008 · Named in a filing · 589 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.25× · 95% wipeout 1.07×
- McDermott Will & EmeryFirst linked Apr 2007 · Named in SEC correspondence · 562 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.60× · 95% wipeout 1.14×
- Bingham McCutchenFirst linked Apr 2005 · Named in SEC correspondence · 291 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.38× · 95% wipeout 1.06×
- Cooley LLPFirst linked Apr 2005 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Loeb & Loeb LLPFirst linked Jul 2007 · Text search only · 838 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.99× · 95% wipeout 1.10×
- Macleod DixonFirst linked Apr 2007 · Text search only · 31 linked companiesSEC/DOJ scrutiny 0.46× · Went dark 0.57× · 95% wipeout 1.49×
- McCarthy TetraultFirst linked Apr 2007 · Text search only · 111 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 0.57× · 95% wipeout 1.41×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| O Melveny & Myers LLP | Jul 2008 | Named in a filing | 589 | 1.07 | 0.25 | 1.07 |
| McDermott Will & Emery | Apr 2007 | Named in SEC correspondence | 562 | 0.97 | 0.60 | 1.14 |
| Bingham McCutchen | Apr 2005 | Named in SEC correspondence | 291 | 0.94 | 0.38 | 1.06 |
| Cooley LLP | Apr 2005 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Loeb & Loeb LLP | Jul 2007 | Text search only | 838 | 0.92 | 0.99 | 1.10 |
| Macleod Dixon | Apr 2007 | Text search only | 31 | 0.46 | 0.57 | 1.49 |
| McCarthy Tetrault | Apr 2007 | Text search only | 111 | 0.76 | 0.57 | 1.41 |
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.
- Mark M. HrenyaCooley LLPFirst linked Jul 2007 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 1.73× · Went dark 0.00× · 95% wipeout 3.03×
- Mark SelingerMcDermott Will & EmeryFirst linked Apr 2007 · Named in SEC correspondence · 32 linked companiesSEC/DOJ scrutiny 0.42× · Went dark 0.00× · 95% wipeout 0.98×
- Floyd I. WittlinBingham McCutchenFirst linked Apr 2005 · Named in SEC correspondence · 31 linked companiesSEC/DOJ scrutiny 0.28× · Went dark 0.34× · 95% wipeout 1.14×
- Kenneth L. GuernseyCooley LLPFirst linked Apr 2005 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 0.56× · Went dark 0.49× · 95% wipeout 1.38×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Mark M. HrenyaCooley LLP | Jul 2007 | Named in SEC correspondence | 5 | 1.73 | 0.00 | 3.03 |
| Mark SelingerMcDermott Will & Emery | Apr 2007 | Named in SEC correspondence | 32 | 0.42 | 0.00 | 0.98 |
| Floyd I. WittlinBingham McCutchen | Apr 2005 | Named in SEC correspondence | 31 | 0.28 | 0.34 | 1.14 |
| Kenneth L. GuernseyCooley LLP | Apr 2005 | Named in SEC correspondence | 51 | 0.56 | 0.49 | 1.38 |