iHeartMedia, Inc. IHRT (last ticker on record)

CIK 1400891Its SEC filings (opens in a new tab)

Bankruptcy
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: 3; Newest began May 2024
Largest fall in its shares: 96%; Jun 2021 to May 2024
Law firms: 10; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Apr 24, 2025Shares down 95% from their high
May 10, 2024Shares down 95% from their high
Apr 23, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 28, 2019Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Mar 15, 2018Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Mar 15, 2018Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jul 21, 2014Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
May 7, 2014Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 19, 2012Debt accelerated (Item 2.04)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
Latham & Watkins LLP	Apr 2021	Named in a filing	2,667	0.98	0.31	1.10
Kirkland & Ellis	Feb 2011	Named in SEC correspondence	1,686	0.98	0.17	0.87
Akin Gump	May 2007	Named in SEC correspondence	582	1.24	0.52	1.25
Ropes & Gray	May 2007	Named in SEC correspondence	914	0.98	0.14	0.92
Cahill Gordon & Reindel	Jun 2008	Text search only	598	1.03	0.18	0.77
Sullivan & Cromwell	Jun 2008	Text search only	1,047	1.40	0.15	0.69
Simpson Thacher & Bartlett	Jul 2007	Text search only	1,396	1.28	0.11	0.92
Goodwin Procter	May 2007	Text search only	1,221	0.79	0.31	1.17
Sidley Austin	May 2007	Text search only	1,210	1.30	0.14	0.93
Weil, Gotshal & Manges LLP	May 2007	Text search only	1,051	1.31	0.27	0.91

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
Dennis CraythornLatham & Watkins LLP	Apr 2021	Named in a filing	6	0.00	0.00	0.89
Brian D. WolfeKirkland & Ellis	Jun 2015	Named in a filing	6	0.00	0.00	2.17
Brian WolfeDavis Polk	Nov 2012	Named in SEC correspondence	15	0.00	0.00	0.85
James S. RoweKirkland & Ellis	Feb 2011	Named in a filing	37	1.54	0.00	2.06
Brian C. ErbRopes & Gray	Jul 2007	Named in SEC correspondence	27	0.31	0.80	0.36
David C. ChapinRopes & Gray	May 2007	Named in SEC correspondence	30	0.61	0.00	0.72
Elisabeth M. MartinLatham & Watkins LLP	Nov 2012	Text search only	33	1.53	0.00	1.11
Frank ReddickAkin Gump	Jun 2008	Text search only	5	0.00	0.00	1.59
Alfred O. RoseRopes & Gray	May 2007	Text search only	27	1.30	0.00	2.24
Joseph L. Johnson IIIGoodwin Procter	May 2007	Text search only	20	0.34	0.00	1.58