ProShares Trust II BOIL (last ticker on record)
CIK 1415311Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- 95% wipeout
- Restatement
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
- 2
- Newest began Nov 2024
- Largest fall in its shares
- 99%
- Dec 2014 to Aug 2026
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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
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.
- Morgan LewisFirst linked Jan 2020 · Named in a filing · 1,028 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.31× · 95% wipeout 1.02×
- Sidley AustinFirst linked May 2013 · Named in SEC correspondence · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Richards, Layton & Finger, P.A.First linked Aug 2008 · Named in a filing · 995 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.37× · 95% wipeout 0.80×
- Clifford Chance US LLPFirst linked Oct 2007 · Named in a filing · 260 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.41× · 95% wipeout 0.85×
- Drinker Biddle & ReathFirst linked Dec 2011 · Text search only · 213 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.77× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Morgan Lewis | Jan 2020 | Named in a filing | 1,028 | 1.18 | 0.31 | 1.02 |
| Sidley Austin | May 2013 | Named in SEC correspondence | 1,210 | 1.30 | 0.14 | 0.93 |
| Richards, Layton & Finger, P.A. | Aug 2008 | Named in a filing | 995 | 1.46 | 0.37 | 0.80 |
| Clifford Chance US LLP | Oct 2007 | Named in a filing | 260 | 0.92 | 0.41 | 0.85 |
| Drinker Biddle & Reath | Dec 2011 | Text search only | 213 | 1.46 | 0.77 | 1.25 |
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.
- Erin E. MartinMorgan LewisFirst linked Mar 2024 · Named in a filing · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Kenny S. TerreroSidley AustinFirst linked Feb 2017 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.30×
- Victor T. ChiuSidley AustinFirst linked Jul 2014 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.78×
- James C. MunsellSidley AustinFirst linked May 2013 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.36×
- Michael J. SchmidtbergerSidley AustinFirst linked May 2013 · Named in a filing · 14 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.35×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Erin E. MartinMorgan Lewis | Mar 2024 | Named in a filing | 13 | 0.00 | 0.00 | 0.00 |
| Kenny S. TerreroSidley Austin | Feb 2017 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 1.30 |
| Victor T. ChiuSidley Austin | Jul 2014 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.78 |
| James C. MunsellSidley Austin | May 2013 | Named in SEC correspondence | 13 | 0.00 | 0.00 | 0.36 |
| Michael J. SchmidtbergerSidley Austin | May 2013 | Named in a filing | 14 | 0.00 | 0.00 | 0.35 |