China XD Plastics Co Ltd CXDC (last ticker on record)

CIK 1353970Its SEC filings (opens in a new tab)

Restatement
Delisting notice (not a red flag)
95% wipeout
Went dark (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 May 2021
Largest fall in its shares: 97%; Jun 2014 to Jul 2021
Law firms: 11; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Sep 22, 2022SEC action against a company that stopped filingSEC order (opens in a new tab)
Oct 28, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 10, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 2, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 1, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 27, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 24, 2021Shares down 95% from their high
Jan 7, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 19, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 15, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 31, 2011Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Apr 14, 2010Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Hogan Lovells US LLP	Sep 2020	Named in SEC correspondence	487	0.96	0.26	0.85
O Melveny & Myers LLP	Jun 2020	Named in SEC correspondence	589	1.07	0.25	1.07
Wilson Sonsini Goodrich & Rosati	Jun 2020	Named in SEC correspondence	1,468	1.09	0.60	1.42
Snell & Wilmer	Feb 2020	Named in a filing	244	1.34	1.19	1.38
Gunderson Dettmer	Oct 2018	Named in SEC correspondence	333	1.17	0.66	1.32
DLA Piper	Aug 2011	Named in SEC correspondence	1,184	1.00	0.45	1.20
Lionel Sawyer & Collins	Dec 2009	Named in a filing	128	1.07	0.88	0.96
Loeb & Loeb LLP	Dec 2009	Named in SEC correspondence	838	0.92	0.99	1.10
The Crone Law Group	May 2009	Named in a filing	116	1.23	2.14	1.31
Buker, Jones & Haley, P.C.	May 2006	Named in SEC correspondence	10	0.00	1.27	1.39
Jones, Haley & Mottern, P.C.	May 2006	Named in SEC correspondence	39	0.82	1.91	0.79

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Ke GengO Melveny & Myers LLP	Sep 2020	Named in SEC correspondence	14	0.88	2.45	1.86
Dan OuyangWilson Sonsini Goodrich & Rosati	Jun 2020	Named in SEC correspondence	41	1.30	2.59	1.68
Stephanie TangShearman & Sterling	Jun 2020	Named in a filing	22	1.49	1.83	0.50
Steven LiuDLA Piper	Aug 2011	Named in SEC correspondence	11	0.69	1.51	1.57
Mitchell S. NussbaumLoeb & Loeb LLP	Dec 2009	Named in SEC correspondence	391	0.98	0.93	1.21
Mark CroneThe Crone Law Group	May 2009	Named in a filing	70	1.49	2.59	1.38
Howard H. JiangBaker & McKenzie	Feb 2009	Named in SEC correspondence	9	2.70	1.46	1.19
Richard W. JonesJones, Haley & Mottern, P.C.	May 2006	Named in SEC correspondence	34	0.97	1.55	0.69