Insys Therapeutics, Inc. INSY (last ticker on record)
CIK 1516479Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Bankruptcy
- 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
- 3
- Newest began Jun 2019
- Largest fall in its shares
- 99%
- Aug 2015 to Jun 2019
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)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)
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.
- Cooley LLPFirst linked Mar 2011 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Latham & Watkins LLPFirst linked Mar 2011 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Barack Ferrazzano Kirschbaum & Nagelberg LLPFirst linked Mar 2011 · Text search only · 104 linked companiesSEC/DOJ scrutiny 0.49× · Went dark 0.18× · 95% wipeout 0.75×
- McDermott Will & EmeryFirst linked Mar 2011 · Text search only · 562 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.60× · 95% wipeout 1.14×
- Snell & WilmerFirst linked Mar 2011 · Text search only · 244 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.19× · 95% wipeout 1.38×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Mar 2011 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Latham & Watkins LLP | Mar 2011 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Barack Ferrazzano Kirschbaum & Nagelberg LLP | Mar 2011 | Text search only | 104 | 0.49 | 0.18 | 0.75 |
| McDermott Will & Emery | Mar 2011 | Text search only | 562 | 0.97 | 0.60 | 1.14 |
| Snell & Wilmer | Mar 2011 | Text search only | 244 | 1.34 | 1.19 | 1.38 |
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.
- Charles S. KimCooley LLPFirst linked Mar 2011 · Named in SEC correspondence · 118 linked companiesSEC/DOJ scrutiny 0.41× · Went dark 0.00× · 95% wipeout 1.37×
- Matthew T. BrowneCooley LLPFirst linked Mar 2011 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 1.02×
- Matthew T. BushLatham & Watkins LLPFirst linked Mar 2011 · Named in SEC correspondence · 50 linked companiesSEC/DOJ scrutiny 0.21× · Went dark 0.00× · 95% wipeout 1.23×
- Sean M. ClaytonCooley LLPFirst linked Mar 2011 · Named in SEC correspondence · 28 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 0.00× · 95% wipeout 1.38×
- Kim Charles S. KimCooley LLPFirst linked May 2011 · Text search only · 8 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.37×
- Cheston J. LarsonLatham & Watkins LLPFirst linked Mar 2011 · Text search only · 46 linked companiesSEC/DOJ scrutiny 0.33× · Went dark 0.34× · 95% wipeout 1.55×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Charles S. KimCooley LLP | Mar 2011 | Named in SEC correspondence | 118 | 0.41 | 0.00 | 1.37 |
| Matthew T. BrowneCooley LLP | Mar 2011 | Named in SEC correspondence | 29 | 1.20 | 0.00 | 1.02 |
| Matthew T. BushLatham & Watkins LLP | Mar 2011 | Named in SEC correspondence | 50 | 0.21 | 0.00 | 1.23 |
| Sean M. ClaytonCooley LLP | Mar 2011 | Named in SEC correspondence | 28 | 0.73 | 0.00 | 1.38 |
| Kim Charles S. KimCooley LLP | May 2011 | Text search only | 8 | 0.00 | 0.00 | 1.37 |
| Cheston J. LarsonLatham & Watkins LLP | Mar 2011 | Text search only | 46 | 0.33 | 0.34 | 1.55 |