Molycorp, Inc. MCP (last ticker on record)
CIK 1489137Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
- Restructuring
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 Jun 2015
- Largest fall in its shares
- 99%
- Apr 2011 to Dec 2015
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- 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)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- A filing mentions a formal order of investigationForm 10-Q (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.
- Davis PolkFirst linked Apr 2010 · Named in a filing · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Jones DayFirst linked Apr 2010 · Named in SEC correspondence · 686 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.54× · 95% wipeout 1.12×
- Akin GumpFirst linked Feb 2011 · Text search only · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.25×
- Debevoise & PlimptonFirst linked Feb 2011 · Text search only · 424 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 0.14× · 95% wipeout 1.04×
- Proskauer RoseFirst linked Feb 2011 · Text search only · 492 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.48× · 95% wipeout 1.08×
- Kirkland & EllisFirst linked Jun 2010 · Text search only · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Davis Graham & StubbsFirst linked May 2010 · Text search only · 142 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.97× · 95% wipeout 1.46×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Davis Polk | Apr 2010 | Named in a filing | 1,694 | 1.26 | 0.06 | 1.02 |
| Jones Day | Apr 2010 | Named in SEC correspondence | 686 | 1.25 | 0.54 | 1.12 |
| Akin Gump | Feb 2011 | Text search only | 582 | 1.24 | 0.52 | 1.25 |
| Debevoise & Plimpton | Feb 2011 | Text search only | 424 | 1.10 | 0.14 | 1.04 |
| Proskauer Rose | Feb 2011 | Text search only | 492 | 1.15 | 0.48 | 1.08 |
| Kirkland & Ellis | Jun 2010 | Text search only | 1,686 | 0.98 | 0.17 | 0.87 |
| Davis Graham & Stubbs | May 2010 | Text search only | 142 | 0.97 | 0.97 | 1.46 |
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.
- Christopher M. KellyJones DayFirst linked Apr 2010 · Named in SEC correspondence · 56 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 0.64×
- Michael J. SoleckiCravath Swaine & MooreFirst linked Apr 2010 · Named in SEC correspondence · 48 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.00× · 95% wipeout 1.84×
- Michael KaplanDavis PolkFirst linked Apr 2010 · Named in SEC correspondence · 112 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 0.89×
- Alice HsuAkin GumpFirst linked Mar 2011 · Text search only · 21 linked companiesSEC/DOJ scrutiny 0.69× · Went dark 0.00× · 95% wipeout 1.33×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Christopher M. KellyJones Day | Apr 2010 | Named in SEC correspondence | 56 | 1.20 | 0.00 | 0.64 |
| Michael J. SoleckiCravath Swaine & Moore | Apr 2010 | Named in SEC correspondence | 48 | 1.08 | 0.00 | 1.84 |
| Michael KaplanDavis Polk | Apr 2010 | Named in SEC correspondence | 112 | 1.20 | 0.00 | 0.89 |
| Alice HsuAkin Gump | Mar 2011 | Text search only | 21 | 0.69 | 0.00 | 1.33 |