Globalstar, Inc. GSAT (last ticker on record)
CIK 1366868Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
- 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 Apr 2013
- Largest fall in its shares
- 98%
- Nov 2006 to Dec 2008
- Law firms
- 9
- 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)
- Debt accelerated (Item 2.04)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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
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.
- Jones WalkerFirst linked Feb 2025 · Named in a filing · 161 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 0.23× · 95% wipeout 0.91×
- Taft Stettinius & HollisterFirst linked Jul 2006 · Named in SEC correspondence · 94 linked companiesSEC/DOJ scrutiny 1.64× · Went dark 0.31× · 95% wipeout 0.66×
- Gibson, Dunn & Crutcher LLPFirst linked Sep 2023 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.95×
- Baker & McKenzieFirst linked Jan 2008 · Text search only · 587 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.72× · 95% wipeout 0.96×
- HALE AND DORRFirst linked Oct 2006 · Text search only · 665 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.33× · 95% wipeout 1.22×
- WILMER, CUTLER & PICKERINGFirst linked Oct 2006 · Text search only · 662 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.33× · 95% wipeout 1.23×
- Akin GumpFirst linked Aug 2006 · Text search only · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.18×
- Jones DayFirst linked Aug 2006 · Text search only · 685 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.55× · 95% wipeout 1.11×
- Kennedy Covington Lobdell & HickmanFirst linked Aug 2006 · Text search only · 53 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.38× · 95% wipeout 1.19×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jones Walker | Feb 2025 | Named in a filing | 161 | 1.34 | 0.23 | 0.91 |
| Taft Stettinius & Hollister | Jul 2006 | Named in SEC correspondence | 94 | 1.64 | 0.31 | 0.66 |
| Gibson, Dunn & Crutcher LLP | Sep 2023 | Text search only | 1,125 | 1.23 | 0.20 | 0.95 |
| Baker & McKenzie | Jan 2008 | Text search only | 587 | 1.07 | 0.72 | 0.96 |
| HALE AND DORR | Oct 2006 | Text search only | 665 | 1.06 | 0.33 | 1.22 |
| WILMER, CUTLER & PICKERING | Oct 2006 | Text search only | 662 | 1.14 | 0.33 | 1.23 |
| Akin Gump | Aug 2006 | Text search only | 582 | 1.24 | 0.52 | 1.18 |
| Jones Day | Aug 2006 | Text search only | 685 | 1.25 | 0.55 | 1.11 |
| Kennedy Covington Lobdell & Hickman | Aug 2006 | Text search only | 53 | 1.04 | 0.38 | 1.19 |
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.
- Alexandra C. LayfieldJones WalkerFirst linked Feb 2025 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 2.35× · Went dark 0.00× · 95% wipeout 0.00×
- Kelly C. SimoneauxJones WalkerFirst linked Feb 2025 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 0.00× · 95% wipeout 0.36×
- Thomas D. KimballJones WalkerFirst linked Feb 2025 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Kathleen EickTaft Stettinius & HollisterFirst linked Sep 2023 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Arthur McMahon IIITaft Stettinius & HollisterFirst linked Nov 2018 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 2.30× · Went dark 13.69× · 95% wipeout 1.27×
- Stephen B. KuhnAkin GumpFirst linked Aug 2006 · Text search only · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.97×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alexandra C. LayfieldJones Walker | Feb 2025 | Named in a filing | 7 | 2.35 | 0.00 | 0.00 |
| Kelly C. SimoneauxJones Walker | Feb 2025 | Named in a filing | 20 | 1.32 | 0.00 | 0.36 |
| Thomas D. KimballJones Walker | Feb 2025 | Named in a filing | 6 | 0.00 | 0.00 | 0.00 |
| Kathleen EickTaft Stettinius & Hollister | Sep 2023 | Named in SEC correspondence | 5 | 0.00 | 0.00 | 0.00 |
| Arthur McMahon IIITaft Stettinius & Hollister | Nov 2018 | Named in SEC correspondence | 6 | 2.30 | 13.69 | 1.27 |
| Stephen B. KuhnAkin Gump | Aug 2006 | Text search only | 7 | 0.00 | 0.00 | 0.97 |