Nuverra Environmental Solutions, Inc. NES (last ticker on record)
CIK 1403853Its SEC filings (opens in a new tab)
- Restatement
- SEC/DOJ scrutiny
- Bankruptcy
- Restructuring
- 95% wipeout
- 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
- 5
- Newest began Apr 2020
- Largest fall in its shares
- 95%
- Mar 2018 to Apr 2020
- Law firms
- 17
- Linked to 5 or more companies
- Lawyers
- 10
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Bankruptcy or receivership (Item 1.03)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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- Said 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.
- Vinson & Elkins L.L.P.First linked Oct 2018 · Named in SEC correspondence · 783 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.11× · 95% wipeout 1.03×
- Squire Patton Boggs (US) LLPFirst linked May 2016 · Named in SEC correspondence · 97 linked companiesSEC/DOJ scrutiny 0.43× · Went dark 0.00× · 95% wipeout 0.73×
- Vogel Law FirmFirst linked May 2013 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.94×
- BRICKER & ECKLER LLPFirst linked Jun 2012 · Named in a filing · 11 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 4.21× · 95% wipeout 0.57×
- Shearman & SterlingFirst linked Jun 2012 · Named in SEC correspondence · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Thompson & KnightFirst linked Feb 2012 · Named in a filing · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- Reed SmithFirst linked Oct 2011 · Named in SEC correspondence · 487 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.13×
- DLA PiperFirst linked Jun 2008 · Named in SEC correspondence · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Thelen Reid Brown Raysman & Steiner LLPFirst linked Jun 2008 · Named in SEC correspondence · 54 linked companiesSEC/DOJ scrutiny 0.75× · Went dark 1.63× · 95% wipeout 1.56×
- Sheppard MullinFirst linked Oct 2007 · Named in SEC correspondence · 392 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.81× · 95% wipeout 1.22×
- Simpson Thacher & BartlettFirst linked Jun 2007 · Named in SEC correspondence · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2007 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Loeb & Loeb LLPFirst linked Jun 2008 · Text search only · 838 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.99× · 95% wipeout 1.10×
- Maples and CalderFirst linked Jun 2008 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Sullivan & CromwellFirst linked Jun 2008 · Text search only · 1,047 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.15× · 95% wipeout 0.69×
- Thelen Reid & PriestFirst linked Jun 2008 · Text search only · 124 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.16× · 95% wipeout 1.20×
- Winston & StrawnFirst linked Jun 2008 · Text search only · 585 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.60× · 95% wipeout 1.02×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Vinson & Elkins L.L.P. | Oct 2018 | Named in SEC correspondence | 783 | 1.09 | 0.11 | 1.03 |
| Squire Patton Boggs (US) LLP | May 2016 | Named in SEC correspondence | 97 | 0.43 | 0.00 | 0.73 |
| Vogel Law Firm | May 2013 | Named in a filing | 6 | 0.00 | 0.00 | 0.94 |
| BRICKER & ECKLER LLP | Jun 2012 | Named in a filing | 11 | 1.34 | 4.21 | 0.57 |
| Shearman & Sterling | Jun 2012 | Named in SEC correspondence | 2,649 | 1.21 | 0.13 | 0.87 |
| Thompson & Knight | Feb 2012 | Named in a filing | 198 | 1.03 | 0.40 | 1.38 |
| Reed Smith | Oct 2011 | Named in SEC correspondence | 487 | 1.15 | 0.77 | 1.13 |
| DLA Piper | Jun 2008 | Named in SEC correspondence | 1,184 | 1.00 | 0.45 | 1.20 |
| Thelen Reid Brown Raysman & Steiner LLP | Jun 2008 | Named in SEC correspondence | 54 | 0.75 | 1.63 | 1.56 |
| Sheppard Mullin | Oct 2007 | Named in SEC correspondence | 392 | 1.12 | 0.81 | 1.22 |
| Simpson Thacher & Bartlett | Jun 2007 | Named in SEC correspondence | 1,396 | 1.28 | 0.11 | 0.92 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Jun 2007 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Loeb & Loeb LLP | Jun 2008 | Text search only | 838 | 0.92 | 0.99 | 1.10 |
| Maples and Calder | Jun 2008 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
| Sullivan & Cromwell | Jun 2008 | Text search only | 1,047 | 1.40 | 0.15 | 0.69 |
| Thelen Reid & Priest | Jun 2008 | Text search only | 124 | 0.98 | 1.16 | 1.20 |
| Winston & Strawn | Jun 2008 | Text search only | 585 | 1.18 | 0.60 | 1.02 |
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.
- David P. OelmanVinson & Elkins L.L.P.First linked Mar 2022 · Named in a filing · 78 linked companiesSEC/DOJ scrutiny 1.62× · Went dark 0.00× · 95% wipeout 1.28×
- CHRISTOPHER S. COLLINSVinson & Elkins L.L.P.First linked Oct 2018 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.06×
- Robert Evans IIIShearman & SterlingFirst linked Apr 2016 · Named in SEC correspondence · 25 linked companiesSEC/DOJ scrutiny 0.91× · Went dark 0.00× · 95% wipeout 1.32×
- James J. BarnesReed SmithFirst linked Oct 2011 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 1.89× · Went dark 0.00× · 95% wipeout 0.75×
- David P. LewisDLA PiperFirst linked Jun 2008 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 0.00× · 95% wipeout 0.88×
- Jeffrey C. ThackerDLA PiperFirst linked Jun 2008 · Named in a filing · 30 linked companiesSEC/DOJ scrutiny 1.35× · Went dark 1.17× · 95% wipeout 0.88×
- Steven D. PidgeonDLA PiperFirst linked Jun 2008 · Named in SEC correspondence · 42 linked companiesSEC/DOJ scrutiny 0.90× · Went dark 0.90× · 95% wipeout 1.08×
- William H. Hinman Jr.Simpson Thacher & BartlettFirst linked Oct 2007 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 2.18× · Went dark 0.00× · 95% wipeout 1.11×
- Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2007 · Named in SEC correspondence · 206 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 0.21× · 95% wipeout 0.99×
- William Y. ChuaSullivan & CromwellFirst linked Jun 2008 · Text search only · 18 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 1.67×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David P. OelmanVinson & Elkins L.L.P. | Mar 2022 | Named in a filing | 78 | 1.62 | 0.00 | 1.28 |
| CHRISTOPHER S. COLLINSVinson & Elkins L.L.P. | Oct 2018 | Named in SEC correspondence | 10 | 0.00 | 0.00 | 2.06 |
| Robert Evans IIIShearman & Sterling | Apr 2016 | Named in SEC correspondence | 25 | 0.91 | 0.00 | 1.32 |
| James J. BarnesReed Smith | Oct 2011 | Named in SEC correspondence | 15 | 1.89 | 0.00 | 0.75 |
| David P. LewisDLA Piper | Jun 2008 | Named in a filing | 19 | 0.76 | 0.00 | 0.88 |
| Jeffrey C. ThackerDLA Piper | Jun 2008 | Named in a filing | 30 | 1.35 | 1.17 | 0.88 |
| Steven D. PidgeonDLA Piper | Jun 2008 | Named in SEC correspondence | 42 | 0.90 | 0.90 | 1.08 |
| William H. Hinman Jr.Simpson Thacher & Bartlett | Oct 2007 | Named in SEC correspondence | 39 | 2.18 | 0.00 | 1.11 |
| Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLP | Jun 2007 | Named in SEC correspondence | 206 | 1.74 | 0.21 | 0.99 |
| William Y. ChuaSullivan & Cromwell | Jun 2008 | Text search only | 18 | 0.61 | 0.00 | 1.67 |