BAIYU Holdings, Inc. GLG (last ticker on record)
CIK 1556266Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- SEC/DOJ scrutiny
- 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 Sep 2024
- Largest fall in its shares
- 99%
- Aug 2013 to Nov 2024
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- 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)
- SEC trading suspensionSEC order (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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)
- 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)
- 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)
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)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)
- 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)
- Delisting notice (Item 3.01)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.
- MagStone Law, LLPFirst linked Mar 2023 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 3.18× · Went dark 0.00× · 95% wipeout 1.43×
- Hunter Taubman FischerFirst linked Nov 2016 · Named in SEC correspondence · 251 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.77× · 95% wipeout 1.12×
- Ellenoff Grossman & Schole LLPFirst linked Feb 2013 · Named in SEC correspondence · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Guantao Law FirmFirst linked Jan 2014 · Text search only · 22 linked companiesSEC/DOJ scrutiny 1.90× · Went dark 1.03× · 95% wipeout 0.98×
- Sidley AustinFirst linked Jan 2014 · Text search only · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Global Law OfficeFirst linked Jun 2013 · Text search only · 67 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.80× · 95% wipeout 1.14×
- Dacheng Law OfficesFirst linked Feb 2013 · Text search only · 50 linked companiesSEC/DOJ scrutiny 1.71× · Went dark 0.69× · 95% wipeout 1.09×
- Gersten Savage LLPFirst linked Feb 2013 · Text search only · 137 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 1.38× · 95% wipeout 1.22×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| MagStone Law, LLP | Mar 2023 | Named in SEC correspondence | 8 | 3.18 | 0.00 | 1.43 |
| Hunter Taubman Fischer | Nov 2016 | Named in SEC correspondence | 251 | 1.06 | 1.77 | 1.12 |
| Ellenoff Grossman & Schole LLP | Feb 2013 | Named in SEC correspondence | 963 | 0.96 | 1.12 | 1.21 |
| Guantao Law Firm | Jan 2014 | Text search only | 22 | 1.90 | 1.03 | 0.98 |
| Sidley Austin | Jan 2014 | Text search only | 1,210 | 1.30 | 0.14 | 0.93 |
| Global Law Office | Jun 2013 | Text search only | 67 | 1.06 | 0.80 | 1.14 |
| Dacheng Law Offices | Feb 2013 | Text search only | 50 | 1.71 | 0.69 | 1.09 |
| Gersten Savage LLP | Feb 2013 | Text search only | 137 | 1.20 | 1.38 | 1.22 |
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.
- Yue Mark LiMagStone Law, LLPFirst linked Jul 2023 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 5.03× · Went dark 0.00× · 95% wipeout 0.00×
- Mark LiMagStone Law, LLPFirst linked Jun 2023 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 2.75× · Went dark 0.00× · 95% wipeout 0.81×
- Joan WuHunter Taubman FischerFirst linked Nov 2016 · Named in SEC correspondence · 60 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.89× · 95% wipeout 1.34×
- Barry I. GrossmanEllenoff Grossman & Schole LLPFirst linked Feb 2013 · Named in SEC correspondence · 187 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.25× · 95% wipeout 1.32×
- Benjamin S. ReichelEllenoff Grossman & Schole LLPFirst linked Feb 2013 · Named in SEC correspondence · 48 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 0.37× · 95% wipeout 1.69×
- Hunter Taubman Fischer LiHunter Taubman FischerFirst linked Apr 2017 · Text search only · 309 linked companiesSEC/DOJ scrutiny 0.82× · Went dark 1.30× · 95% wipeout 1.18×
- Hunter TaubmanFirst linked Apr 2017 · Text search only · 30 linked companiesSEC/DOJ scrutiny 0.39× · Went dark 1.56× · 95% wipeout 1.90×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Yue Mark LiMagStone Law, LLP | Jul 2023 | Named in SEC correspondence | 5 | 5.03 | 0.00 | 0.00 |
| Mark LiMagStone Law, LLP | Jun 2023 | Named in SEC correspondence | 10 | 2.75 | 0.00 | 0.81 |
| Joan WuHunter Taubman Fischer | Nov 2016 | Named in SEC correspondence | 60 | 1.07 | 0.89 | 1.34 |
| Barry I. GrossmanEllenoff Grossman & Schole LLP | Feb 2013 | Named in SEC correspondence | 187 | 0.98 | 1.25 | 1.32 |
| Benjamin S. ReichelEllenoff Grossman & Schole LLP | Feb 2013 | Named in SEC correspondence | 48 | 1.34 | 0.37 | 1.69 |
| Hunter Taubman Fischer LiHunter Taubman Fischer | Apr 2017 | Text search only | 309 | 0.82 | 1.30 | 1.18 |
| Hunter Taubman | Apr 2017 | Text search only | 30 | 0.39 | 1.56 | 1.90 |