Genesis Healthcare, Inc. GEN (last ticker on record)
CIK 1351051Its SEC filings (opens in a new tab)
- Restatement
- SEC/DOJ scrutiny
- Restructuring
- Delisting notice (not a red flag)
- 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
- 4
- Newest began Oct 2020
- Largest fall in its shares
- 98%
- Oct 2007 to Apr 2021
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Far more SEC letters than usualSEC letter (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.
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2015 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Latham & Watkins LLPFirst linked Oct 2006 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Choate Hall & StewartFirst linked Oct 2006 · Text search only · 142 linked companiesSEC/DOJ scrutiny 0.60× · Went dark 0.75× · 95% wipeout 1.29×
- Husch BlackwellFirst linked Oct 2006 · Text search only · 154 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 1.03× · 95% wipeout 1.18×
- Kaye ScholerFirst linked Oct 2006 · Text search only · 161 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 1.03× · 95% wipeout 1.00×
- Shearman & SterlingFirst linked Oct 2006 · 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 |
|---|---|---|---|---|---|---|
| Skadden, Arps, Slate, Meagher & Flom LLP | Jun 2015 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Latham & Watkins LLP | Oct 2006 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Choate Hall & Stewart | Oct 2006 | Text search only | 142 | 0.60 | 0.75 | 1.29 |
| Husch Blackwell | Oct 2006 | Text search only | 154 | 1.00 | 1.03 | 1.18 |
| Kaye Scholer | Oct 2006 | Text search only | 161 | 0.88 | 1.03 | 1.00 |
| Shearman & Sterling | Oct 2006 | 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.
- David J. GoldschmidtSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jul 2015 · Named in SEC correspondence · 74 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.58× · 95% wipeout 1.31×
- Brian V. BrehenySkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2015 · Named in SEC correspondence · 50 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.00× · 95% wipeout 0.60×
- R. Scott SheanLatham & Watkins LLPFirst linked May 2009 · Named in SEC correspondence · 37 linked companiesSEC/DOJ scrutiny 1.95× · Went dark 0.74× · 95% wipeout 0.78×
- Derek D. DundasLatham & Watkins LLPFirst linked Oct 2006 · Text search only · 10 linked companiesSEC/DOJ scrutiny 2.55× · Went dark 0.00× · 95% wipeout 2.05×
- Joel I. GreenbergKaye ScholerFirst linked Oct 2006 · Text search only · 27 linked companiesSEC/DOJ scrutiny 0.29× · Went dark 0.00× · 95% wipeout 1.08×
- John F. KennedyFirst linked Oct 2006 · Text search only · 190 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.60× · 95% wipeout 1.17×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David J. GoldschmidtSkadden, Arps, Slate, Meagher & Flom LLP | Jul 2015 | Named in SEC correspondence | 74 | 1.03 | 0.58 | 1.31 |
| Brian V. BrehenySkadden, Arps, Slate, Meagher & Flom LLP | Jun 2015 | Named in SEC correspondence | 50 | 1.78 | 0.00 | 0.60 |
| R. Scott SheanLatham & Watkins LLP | May 2009 | Named in SEC correspondence | 37 | 1.95 | 0.74 | 0.78 |
| Derek D. DundasLatham & Watkins LLP | Oct 2006 | Text search only | 10 | 2.55 | 0.00 | 2.05 |
| Joel I. GreenbergKaye Scholer | Oct 2006 | Text search only | 27 | 0.29 | 0.00 | 1.08 |
| John F. Kennedy | Oct 2006 | Text search only | 190 | 1.52 | 0.60 | 1.17 |