PROSPER MARKETPLACE, INC
CIK 1416265Its SEC filings (opens in a new tab)
- Restatement
- Restructuring
- SEC/DOJ scrutiny
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 Aug 2018
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 12
- Linked to 5 or more companies
- Lawyers
- 10
- Linked to 5 or more companies
What happened
- SEC administrative actionSEC order (opens in a new tab)
- SEC administrative proceedingSEC order (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- SEC administrative actionSEC order (opens in a new tab)
- SEC administrative proceedingSEC order (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.
- Covington & BurlingFirst linked Apr 2010 · Named in SEC correspondence · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
- Morrison & FoersterFirst linked Dec 2008 · Named in SEC correspondence · 825 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.55× · 95% wipeout 1.15×
- Pillsbury WinthropFirst linked Oct 2007 · Named in SEC correspondence · 516 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.82× · 95% wipeout 1.27×
- Orrick, Herrington & Sutcliffe LLPFirst linked Jun 2018 · Text search only · 500 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.61× · 95% wipeout 1.08×
- Arnold & PorterFirst linked Jun 2015 · Text search only · 254 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.11× · 95% wipeout 0.84×
- Kirkland & EllisFirst linked Jul 2014 · Text search only · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Wilson Sonsini Goodrich & RosatiFirst linked Jul 2014 · Text search only · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Gibson, Dunn & Crutcher LLPFirst linked Mar 2012 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Sonnenschein Nath & RosenthalFirst linked Mar 2012 · Text search only · 160 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.56× · 95% wipeout 1.23×
- Willkie FarrFirst linked Jun 2009 · Text search only · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- King & SpaldingFirst linked Apr 2009 · Text search only · 426 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.35× · 95% wipeout 1.04×
- Shaw PittmanFirst linked Oct 2007 · Text search only · 149 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.53× · 95% wipeout 1.08×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Covington & Burling | Apr 2010 | Named in SEC correspondence | 447 | 1.07 | 0.27 | 0.99 |
| Morrison & Foerster | Dec 2008 | Named in SEC correspondence | 825 | 1.17 | 0.55 | 1.15 |
| Pillsbury Winthrop | Oct 2007 | Named in SEC correspondence | 516 | 1.13 | 0.82 | 1.27 |
| Orrick, Herrington & Sutcliffe LLP | Jun 2018 | Text search only | 500 | 1.12 | 0.61 | 1.08 |
| Arnold & Porter | Jun 2015 | Text search only | 254 | 1.03 | 0.11 | 0.84 |
| Kirkland & Ellis | Jul 2014 | Text search only | 1,686 | 0.98 | 0.17 | 0.87 |
| Wilson Sonsini Goodrich & Rosati | Jul 2014 | Text search only | 1,468 | 1.09 | 0.60 | 1.42 |
| Gibson, Dunn & Crutcher LLP | Mar 2012 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Sonnenschein Nath & Rosenthal | Mar 2012 | Text search only | 160 | 1.08 | 0.56 | 1.23 |
| Willkie Farr | Jun 2009 | Text search only | 539 | 1.23 | 0.40 | 0.84 |
| King & Spalding | Apr 2009 | Text search only | 426 | 1.28 | 0.35 | 1.04 |
| Shaw Pittman | Oct 2007 | Text search only | 149 | 0.98 | 0.53 | 1.08 |
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.
- Sarah C. GriffithsCovington & BurlingFirst linked Sep 2021 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Matthew T. GehlCovington & BurlingFirst linked Sep 2018 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.09×
- Brian K. RosenzweigCovington & BurlingFirst linked Jun 2018 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.00× · 95% wipeout 0.58×
- Reid S. HooperCooley LLPFirst linked Jul 2015 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 0.00× · 95% wipeout 0.92×
- Whitney HolmesHogan & HartsonFirst linked Jan 2009 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.49× · Went dark 0.00× · 95% wipeout 0.73×
- Patricia F. YoungPillsbury WinthropFirst linked Oct 2007 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.00× · 95% wipeout 0.00×
- Rodney R. PeckPillsbury WinthropFirst linked Oct 2007 · Named in SEC correspondence · 11 linked companiesSEC/DOJ scrutiny 2.03× · Went dark 0.00× · 95% wipeout 0.91×
- Allison B. SpinnerWilson Sonsini Goodrich & RosatiFirst linked Jul 2014 · Text search only · 32 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.00× · 95% wipeout 1.99×
- HOWARD RICE NEMEROVSKI CANADYHOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKINFirst linked Mar 2012 · Text search only · 24 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.79× · 95% wipeout 0.66×
- Howard Rice NemerovskiHOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKINFirst linked Mar 2012 · Text search only · 23 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.83× · 95% wipeout 0.68×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sarah C. GriffithsCovington & Burling | Sep 2021 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.00 |
| Matthew T. GehlCovington & Burling | Sep 2018 | Named in SEC correspondence | 13 | 0.00 | 0.00 | 1.09 |
| Brian K. RosenzweigCovington & Burling | Jun 2018 | Named in SEC correspondence | 36 | 1.22 | 0.00 | 0.58 |
| Reid S. HooperCooley LLP | Jul 2015 | Named in SEC correspondence | 18 | 0.96 | 0.00 | 0.92 |
| Whitney HolmesHogan & Hartson | Jan 2009 | Named in SEC correspondence | 14 | 0.49 | 0.00 | 0.73 |
| Patricia F. YoungPillsbury Winthrop | Oct 2007 | Named in SEC correspondence | 10 | 1.78 | 0.00 | 0.00 |
| Rodney R. PeckPillsbury Winthrop | Oct 2007 | Named in SEC correspondence | 11 | 2.03 | 0.00 | 0.91 |
| Allison B. SpinnerWilson Sonsini Goodrich & Rosati | Jul 2014 | Text search only | 32 | 1.30 | 0.00 | 1.99 |
| HOWARD RICE NEMEROVSKI CANADYHOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKIN | Mar 2012 | Text search only | 24 | 1.23 | 0.79 | 0.66 |
| Howard Rice NemerovskiHOWARD, RICE, NEMEROVSKI, CANADY, FALK & RABKIN | Mar 2012 | Text search only | 23 | 1.25 | 0.83 | 0.68 |