Orexigen Therapeutics, Inc. OREXQ (last ticker on record)
CIK 1382911Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
- Restructuring
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 Mar 2018
- Largest fall in its shares
- 99%
- Jun 2007 to Mar 2018
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)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)
- Bankruptcy or receivership (Item 1.03)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)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)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.
- Blank RomeFirst linked Dec 2006 · Named in SEC correspondence · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Cooley LLPFirst linked Dec 2006 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Latham & Watkins LLPFirst linked Dec 2006 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Alston & BirdFirst linked Dec 2006 · Text search only · 583 linked companiesSEC/DOJ scrutiny 0.99× · Went dark 0.39× · 95% wipeout 0.79×
- Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P.First linked Dec 2006 · Text search only · 52 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.00× · 95% wipeout 0.38×
- Covington & BurlingFirst linked Dec 2006 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Blank Rome | Dec 2006 | Named in SEC correspondence | 348 | 1.04 | 0.79 | 1.36 |
| Cooley LLP | Dec 2006 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Latham & Watkins LLP | Dec 2006 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Alston & Bird | Dec 2006 | Text search only | 583 | 0.99 | 0.39 | 0.79 |
| Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P. | Dec 2006 | Text search only | 52 | 0.78 | 0.00 | 0.38 |
| Covington & Burling | Dec 2006 | Text search only | 447 | 1.07 | 0.27 | 0.99 |
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.
- Karen E. DeschaineCooley LLPFirst linked Feb 2016 · Named in SEC correspondence · 23 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.43×
- David PeinsippCooley LLPFirst linked Mar 2015 · Named in SEC correspondence · 86 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.00× · 95% wipeout 1.55×
- Thomas S. WelkCooley LLPFirst linked Jun 2011 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.26×
- Matthew T. BushLatham & Watkins LLPFirst linked Apr 2007 · Named in SEC correspondence · 50 linked companiesSEC/DOJ scrutiny 0.21× · Went dark 0.00× · 95% wipeout 1.23×
- John J. HuberLatham & Watkins LLPFirst linked Apr 2007 · Named in SEC correspondence · 61 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.00× · 95% wipeout 1.74×
- Charles K. RuckLatham & Watkins LLPFirst linked Dec 2006 · Named in SEC correspondence · 74 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.35× · 95% wipeout 0.69×
- Cheston J. LarsonLatham & Watkins LLPFirst linked Dec 2006 · Text search only · 46 linked companiesSEC/DOJ scrutiny 0.33× · Went dark 0.34× · 95% wipeout 1.55×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Karen E. DeschaineCooley LLP | Feb 2016 | Named in SEC correspondence | 23 | 0.00 | 0.00 | 1.43 |
| David PeinsippCooley LLP | Mar 2015 | Named in SEC correspondence | 86 | 1.13 | 0.00 | 1.55 |
| Thomas S. WelkCooley LLP | Jun 2011 | Named in a filing | 6 | 0.00 | 0.00 | 1.26 |
| Matthew T. BushLatham & Watkins LLP | Apr 2007 | Named in SEC correspondence | 50 | 0.21 | 0.00 | 1.23 |
| John J. HuberLatham & Watkins LLP | Apr 2007 | Named in SEC correspondence | 61 | 1.12 | 0.00 | 1.74 |
| Charles K. RuckLatham & Watkins LLP | Dec 2006 | Named in SEC correspondence | 74 | 1.30 | 0.35 | 0.69 |
| Cheston J. LarsonLatham & Watkins LLP | Dec 2006 | Text search only | 46 | 0.33 | 0.34 | 1.55 |