Bionik Laboratories Corp. BNKL (last ticker on record)
CIK 1508381Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
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 Oct 2017
- Largest fall in its shares
- 99%
- Mar 2015 to Oct 2023
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- 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.
- Ruskin Moscou Faltischek, P.C.First linked May 2015 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.95× · 95% wipeout 1.31×
- McDermott Will & EmeryFirst linked Aug 2016 · Text search only · 562 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.60× · 95% wipeout 1.14×
- J.M. Walker & AssociatesFirst linked Feb 2011 · Text search only · 73 linked companiesSEC/DOJ scrutiny 1.51× · Went dark 1.67× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Ruskin Moscou Faltischek, P.C. | May 2015 | Named in SEC correspondence | 51 | 1.26 | 0.95 | 1.31 |
| McDermott Will & Emery | Aug 2016 | Text search only | 562 | 0.97 | 0.60 | 1.14 |
| J.M. Walker & Associates | Feb 2011 | Text search only | 73 | 1.51 | 1.67 | 0.87 |
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.
- Stephen E. FoxRuskin Moscou Faltischek, P.C.First linked May 2015 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 2.26× · 95% wipeout 1.54×
- Jody M. WalkerJ.M. Walker & AssociatesFirst linked Feb 2011 · Named in SEC correspondence · 102 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 1.51× · 95% wipeout 0.86×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Stephen E. FoxRuskin Moscou Faltischek, P.C. | May 2015 | Named in SEC correspondence | 27 | 0.78 | 2.26 | 1.54 |
| Jody M. WalkerJ.M. Walker & Associates | Feb 2011 | Named in SEC correspondence | 102 | 1.52 | 1.51 | 0.86 |