GUE Liquidation Companies, Inc. FTD (last ticker on record)
CIK 1575360Its SEC filings (opens in a new tab)
- Restatement
- 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
- 4
- Newest began Jun 2019
- Largest fall in its shares
- 99%
- Nov 2014 to Jun 2019
- Law firms
- 3
- 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)
- 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)
- 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
- 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.
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Jul 2013 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Jones DayFirst linked Mar 2014 · Text search only · 686 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.54× · 95% wipeout 1.12×
- Schulte Roth & ZabelFirst linked Sep 2013 · Text search only · 296 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.44× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Skadden, Arps, Slate, Meagher & Flom LLP | Jul 2013 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Jones Day | Mar 2014 | Text search only | 686 | 1.25 | 0.54 | 1.12 |
| Schulte Roth & Zabel | Sep 2013 | Text search only | 296 | 0.93 | 0.44 | 0.99 |
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.
- Edward B. WinslowBenesch Friedlander Coplan & AronoffFirst linked Aug 2016 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 0.85× · Went dark 0.00× · 95% wipeout 3.08×
- David C. EismanSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2013 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 1.95× · Went dark 0.00× · 95% wipeout 0.49×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Edward B. WinslowBenesch Friedlander Coplan & Aronoff | Aug 2016 | Named in SEC correspondence | 20 | 0.85 | 0.00 | 3.08 |
| David C. EismanSkadden, Arps, Slate, Meagher & Flom LLP | Aug 2013 | Named in SEC correspondence | 19 | 1.95 | 0.00 | 0.49 |