TravelCenters of America Inc. TA (last ticker on record)

CIK 1378453Its SEC filings (opens in a new tab)

Restatement
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: 3; Newest began Sep 2018
Largest fall in its shares: 95%; Oct 2007 to Nov 2008
Law firms: 10; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

May 16, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 15, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 1, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 16, 2019Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Sep 4, 2018Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jun 20, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 3, 2014Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 1, 2013Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 20, 2008Shares down 95% from their high
Apr 1, 2008Said 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
Sullivan & Cromwell	May 2023	Named in a filing	1,047	1.40	0.15	0.69
Saul Ewing	May 2020	Named in a filing	100	1.22	1.01	1.14
Venable LLP	Aug 2019	Named in a filing	506	0.79	0.38	0.73
Skadden, Arps, Slate, Meagher & Flom LLP	Oct 2008	Named in SEC correspondence	2,607	1.15	0.19	0.85
Ropes & Gray	Jun 2007	Named in SEC correspondence	914	0.98	0.14	0.92
Richards, Layton & Finger, P.A.	Dec 2006	Named in a filing	995	1.46	0.37	0.80
Sullivan & Worcester LLP	Dec 2006	Named in SEC correspondence	212	0.95	0.45	1.06
Calfee Halter & Griswold	Dec 2006	Text search only	70	0.88	0.00	1.58
Simpson Thacher & Bartlett	Dec 2006	Text search only	1,396	1.28	0.11	0.92
Stoel Rives	Dec 2006	Text search only	208	0.84	0.67	1.20

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
Eric M. KrautheimerSullivan & Cromwell	May 2023	Named in a filing	15	1.53	0.00	0.00
Zachary BlumeRopes & Gray	Feb 2021	Named in SEC correspondence	31	1.30	1.69	0.52
P. Michelle GasawaySkadden, Arps, Slate, Meagher & Flom LLP	Aug 2019	Named in a filing	70	1.01	0.00	0.85
Margaret R. CohenSkadden, Arps, Slate, Meagher & Flom LLP	May 2012	Named in SEC correspondence	8	0.00	0.00	1.47
Louis A. GoodmanSkadden, Arps, Slate, Meagher & Flom LLP	Jan 2009	Named in SEC correspondence	14	1.40	0.00	1.48
Alexander A. Notopoulos Jr.Sullivan & Worcester LLP	Jun 2007	Named in a filing	8	0.00	0.00	2.15
Edwin L. Miller Jr.Sullivan & Worcester LLP	Dec 2006	Named in a filing	26	0.36	0.00	1.61
William J. CurrySullivan & Worcester LLP	Dec 2006	Named in SEC correspondence	9	1.36	0.00	1.76
William E. CurbowSimpson Thacher & Bartlett	Dec 2006	Text search only	23	1.17	0.00	2.20