Bidz.com, Inc. BIDZ (last ticker on record)
CIK 1324105Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 95% wipeout
- 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
- 2
- Newest began Jun 2011
- Largest fall in its shares
- 98%
- Nov 2007 to Nov 2012
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- A filing mentions cooperating with the SECForm 10-Q (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.
- Richardson & Patel LLPFirst linked Jul 2012 · Named in SEC correspondence · 215 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 1.41× · 95% wipeout 1.35×
- Bingham McCutchenFirst linked Jun 2012 · Named in SEC correspondence · 291 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.38× · 95% wipeout 1.04×
- Law Offices of Aaron A. Grunfeld &First linked Jun 2012 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.87×
- Holland & KnightFirst linked Jul 2012 · Text search only · 413 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 0.82× · 95% wipeout 1.21×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Richardson & Patel LLP | Jul 2012 | Named in SEC correspondence | 215 | 1.07 | 1.41 | 1.35 |
| Bingham McCutchen | Jun 2012 | Named in SEC correspondence | 291 | 0.94 | 0.38 | 1.04 |
| Law Offices of Aaron A. Grunfeld & | Jun 2012 | Named in SEC correspondence | 15 | 0.00 | 0.00 | 0.87 |
| Holland & Knight | Jul 2012 | Text search only | 413 | 1.16 | 0.82 | 1.21 |
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.
- Aaron A. GrunfeldLaw Offices of Aaron A. Grunfeld &First linked May 2012 · Named in SEC correspondence · 34 linked companiesSEC/DOJ scrutiny 0.28× · Went dark 0.82× · 95% wipeout 1.26×
- John FilipponeBingham McCutchenFirst linked May 2012 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 2.08× · Went dark 0.00× · 95% wipeout 0.00×
- Mark T. HiraideMitchell Silberberg & Knupp LLPFirst linked Mar 2006 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 3.10× · Went dark 1.93× · 95% wipeout 1.59×
- Nimish PatelRichardson & Patel LLPFirst linked Jul 2012 · Text search only · 39 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 1.05× · 95% wipeout 1.42×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Aaron A. GrunfeldLaw Offices of Aaron A. Grunfeld & | May 2012 | Named in SEC correspondence | 34 | 0.28 | 0.82 | 1.26 |
| John FilipponeBingham McCutchen | May 2012 | Named in SEC correspondence | 5 | 2.08 | 0.00 | 0.00 |
| Mark T. HiraideMitchell Silberberg & Knupp LLP | Mar 2006 | Named in SEC correspondence | 7 | 3.10 | 1.93 | 1.59 |
| Nimish PatelRichardson & Patel LLP | Jul 2012 | Text search only | 39 | 1.15 | 1.05 | 1.42 |