Seventy Seven Energy Inc. SVNT (last ticker on record)
CIK 1532930Its SEC filings (opens in a new tab)
- 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
- 3
- Newest began Jun 2016
- Largest fall in its shares
- 99%
- Jul 2014 to May 2016
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 2
- 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)
- 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
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.
- McAfee & Taft A Professional CorporationFirst linked Jun 2014 · Named in a filing · 63 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.44× · 95% wipeout 1.29×
- Baker Botts L.L.P.First linked Mar 2014 · Named in SEC correspondence · 495 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 0.09× · 95% wipeout 1.03×
- Bracewell LLPFirst linked Apr 2013 · Named in SEC correspondence · 247 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.31× · 95% wipeout 1.03×
- Mayer BrownFirst linked May 2013 · Text search only · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Thompson & KnightFirst linked May 2013 · Text search only · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- COMMERCIAL LAW GROUPFirst linked Apr 2013 · Text search only · 12 linked companiesSEC/DOJ scrutiny 0.57× · Went dark 0.00× · 95% wipeout 1.87×
- Shearman & SterlingFirst linked Apr 2013 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| McAfee & Taft A Professional Corporation | Jun 2014 | Named in a filing | 63 | 1.24 | 0.44 | 1.29 |
| Baker Botts L.L.P. | Mar 2014 | Named in SEC correspondence | 495 | 1.32 | 0.09 | 1.03 |
| Bracewell LLP | Apr 2013 | Named in SEC correspondence | 247 | 0.93 | 0.31 | 1.03 |
| Mayer Brown | May 2013 | Text search only | 680 | 0.98 | 0.34 | 0.94 |
| Thompson & Knight | May 2013 | Text search only | 198 | 1.03 | 0.40 | 1.38 |
| COMMERCIAL LAW GROUP | Apr 2013 | Text search only | 12 | 0.57 | 0.00 | 1.87 |
| Shearman & Sterling | Apr 2013 | Text search only | 2,649 | 1.21 | 0.13 | 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.
- Hillary H. HolmesGibson, Dunn & Crutcher LLPFirst linked Jun 2014 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.00× · 95% wipeout 1.48×
- Michael S. TelleVinson & Elkins L.L.P.First linked May 2013 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 1.53× · Went dark 0.00× · 95% wipeout 1.29×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Hillary H. HolmesGibson, Dunn & Crutcher LLP | Jun 2014 | Named in SEC correspondence | 44 | 1.21 | 0.00 | 1.48 |
| Michael S. TelleVinson & Elkins L.L.P. | May 2013 | Named in SEC correspondence | 26 | 1.53 | 0.00 | 1.29 |