Sculptor Capital Management, Inc. SCU (last ticker on record)

CIK 1403256Its SEC filings (opens in a new tab)

Restatement
95% wipeout
SEC/DOJ scrutiny
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 2016
Largest fall in its shares: 99%; Nov 2007 to Dec 2018
Law firms: 8; Linked to 5 or more companies
Lawyers: 13; Linked to 5 or more companies

What happened

Nov 17, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 9, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 29, 2016SEC administrative actionSEC order (opens in a new tab)
Jan 4, 2016Shares down 95% from their high
Mar 14, 2014Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jul 27, 2010Far more SEC letters than usualSEC letter (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	Aug 2023	Named in SEC correspondence	2,667	0.98	0.31	1.10
Weil, Gotshal & Manges LLP	Aug 2023	Named in SEC correspondence	1,051	1.31	0.27	0.91
Ropes & Gray	May 2020	Named in SEC correspondence	914	0.98	0.14	0.92
Morgan Lewis	Jul 2007	Named in a filing	1,028	1.18	0.31	1.02
Skadden, Arps, Slate, Meagher & Flom LLP	Jul 2007	Named in SEC correspondence	2,607	1.15	0.19	0.85
Sullivan & Cromwell	Jul 2007	Named in SEC correspondence	1,047	1.40	0.15	0.69
Sidley Austin	Oct 2007	Text search only	1,210	1.30	0.14	0.93
Crowell & Moring	Jul 2007	Text search only	59	1.69	2.10	1.49

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
Blair T. ThetfordSkadden, Arps, Slate, Meagher & Flom LLP	Nov 2023	Named in a filing	15	3.20	0.00	1.19
Peter D. SeratingSkadden, Arps, Slate, Meagher & Flom LLP	Nov 2023	Named in a filing	13	1.84	0.00	1.12
A. Peter HarwichAllen & Overy	Sep 2023	Named in SEC correspondence	15	1.64	0.00	0.00
Brian ParnessWeil, Gotshal & Manges LLP	Aug 2023	Named in SEC correspondence	7	3.11	0.00	2.59
Leah R. SauterLatham & Watkins LLP	Aug 2023	Named in SEC correspondence	8	3.97	0.00	0.89
Craig E. MarcusRopes & Gray	May 2020	Named in SEC correspondence	45	0.68	0.00	0.94
Joseph A. CocoSkadden, Arps, Slate, Meagher & Flom LLP	Nov 2011	Named in a filing	63	1.95	0.46	1.24
Linda L. GriggsMorgan Lewis	Nov 2008	Named in a filing	21	1.39	0.00	1.09
Glen T. SchleyerSullivan & Cromwell	Jul 2007	Named in SEC correspondence	6	2.50	0.00	1.70
Jay ClaytonSullivan & Cromwell	Jul 2007	Named in SEC correspondence	13	2.43	0.00	0.94
Jennifer A. BenschWeil, Gotshal & Manges LLP	Jul 2007	Named in SEC correspondence	37	0.63	0.00	0.59
Matthew J. MallowSkadden, Arps, Slate, Meagher & Flom LLP	Jul 2007	Named in SEC correspondence	11	1.64	3.69	1.83
Allison R. SchneirovSkadden, Arps, Slate, Meagher & Flom LLP	Oct 2007	Text search only	14	0.61	0.00	0.95