Laureate Resources & Steel Industries Inc. LRRS (last ticker on record)
CIK 1343011Its SEC filings (opens in a new tab)
- Restatement
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
- 1
- Newest began Jul 2008
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- 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.
- Wuersch & Gering LLPFirst linked Jun 2008 · Named in SEC correspondence · 24 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 1.30× · 95% wipeout 1.25×
- Clark Wilson LLPFirst linked Apr 2006 · Named in a filing · 204 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 1.43× · 95% wipeout 1.11×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Wuersch & Gering LLP | Jun 2008 | Named in SEC correspondence | 24 | 0.40 | 1.30 | 1.25 |
| Clark Wilson LLP | Apr 2006 | Named in a filing | 204 | 0.72 | 1.43 | 1.11 |
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 |
|---|---|---|---|---|---|---|
| Travis L. GeringWuersch & Gering LLP | Jun 2008 | Named in SEC correspondence | 19 | 0.51 | 1.58 | 1.38 |