Liquid Holdings Group, Inc. LIQD (last ticker on record)
CIK 1562594Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- Restatement
- SEC/DOJ scrutiny
- Restructuring
- Bankruptcy
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 Feb 2016
- Largest fall in its shares
- 99%
- Sep 2013 to Aug 2015
- Law firms
- 6
- 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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)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/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- A filing mentions an SEC subpoenaForm 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)
- 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.
- Gibson, Dunn & Crutcher LLPFirst linked Dec 2012 · Named in SEC correspondence · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Sidley AustinFirst linked Dec 2012 · Named in SEC correspondence · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Ballard SpahrFirst linked Oct 2015 · Text search only · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
- Sullivan & CromwellFirst linked Apr 2013 · Text search only · 1,047 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.15× · 95% wipeout 0.69×
- Greenberg TraurigFirst linked Dec 2012 · Text search only · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Reed SmithFirst linked Dec 2012 · Text search only · 487 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.13×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Gibson, Dunn & Crutcher LLP | Dec 2012 | Named in SEC correspondence | 1,125 | 1.23 | 0.20 | 0.96 |
| Sidley Austin | Dec 2012 | Named in SEC correspondence | 1,210 | 1.30 | 0.14 | 0.93 |
| Ballard Spahr | Oct 2015 | Text search only | 492 | 1.23 | 1.06 | 0.73 |
| Sullivan & Cromwell | Apr 2013 | Text search only | 1,047 | 1.40 | 0.15 | 0.69 |
| Greenberg Traurig | Dec 2012 | Text search only | 1,223 | 1.01 | 1.03 | 1.10 |
| Reed Smith | Dec 2012 | Text search only | 487 | 1.15 | 0.77 | 1.13 |
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.
- Edwin O ConnorGoodwin ProcterFirst linked Apr 2013 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 0.59× · Went dark 0.00× · 95% wipeout 1.33×
- James O ConnorSidley AustinFirst linked Apr 2013 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.00× · 95% wipeout 1.34×
- Edward F. PetroskySidley AustinFirst linked Dec 2012 · Named in SEC correspondence · 45 linked companiesSEC/DOJ scrutiny 0.91× · Went dark 0.96× · 95% wipeout 0.44×
- Edwin M. O ConnorGoodwin ProcterFirst linked Dec 2012 · Named in SEC correspondence · 30 linked companiesSEC/DOJ scrutiny 0.37× · Went dark 0.00× · 95% wipeout 1.18×
- Glenn R. PollnerGibson, Dunn & Crutcher LLPFirst linked Dec 2012 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 2.00× · Went dark 0.00× · 95% wipeout 1.62×
- Eduardo GallardoGibson, Dunn & Crutcher LLPFirst linked Dec 2012 · Text search only · 21 linked companiesSEC/DOJ scrutiny 1.96× · Went dark 0.00× · 95% wipeout 0.39×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Edwin O ConnorGoodwin Procter | Apr 2013 | Named in SEC correspondence | 44 | 0.59 | 0.00 | 1.33 |
| James O ConnorSidley Austin | Apr 2013 | Named in SEC correspondence | 9 | 0.94 | 0.00 | 1.34 |
| Edward F. PetroskySidley Austin | Dec 2012 | Named in SEC correspondence | 45 | 0.91 | 0.96 | 0.44 |
| Edwin M. O ConnorGoodwin Procter | Dec 2012 | Named in SEC correspondence | 30 | 0.37 | 0.00 | 1.18 |
| Glenn R. PollnerGibson, Dunn & Crutcher LLP | Dec 2012 | Named in SEC correspondence | 26 | 2.00 | 0.00 | 1.62 |
| Eduardo GallardoGibson, Dunn & Crutcher LLP | Dec 2012 | Text search only | 21 | 1.96 | 0.00 | 0.39 |