PARAGON OFFSHORE PLC PGN (last ticker on record)
CIK 1594590Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- 95% wipeout
- 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 Feb 2016
- Largest fall in its shares
- 98%
- Jul 2014 to Dec 2015
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 3
- 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)
- 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
- 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.
- Baker Botts L.L.P.First linked Dec 2013 · Named in SEC correspondence · 495 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 0.09× · 95% wipeout 1.03×
- Simpson Thacher & BartlettFirst linked Dec 2013 · Named in a filing · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Travers SmithFirst linked Dec 2013 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.98×
- Maples and CalderFirst linked Jul 2014 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Pestalozzi Attorneys at Law LtdFirst linked Jul 2014 · Text search only · 16 linked companiesSEC/DOJ scrutiny 1.71× · Went dark 0.00× · 95% wipeout 0.95×
- Thompson CoburnFirst linked Jul 2014 · Text search only · 85 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 1.01× · 95% wipeout 1.33×
- Andrews Kurth LLPFirst linked Mar 2014 · Text search only · 398 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.35× · 95% wipeout 1.30×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Baker Botts L.L.P. | Dec 2013 | Named in SEC correspondence | 495 | 1.32 | 0.09 | 1.03 |
| Simpson Thacher & Bartlett | Dec 2013 | Named in a filing | 1,396 | 1.28 | 0.11 | 0.92 |
| Travers Smith | Dec 2013 | Named in a filing | 21 | 0.00 | 0.00 | 0.98 |
| Maples and Calder | Jul 2014 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
| Pestalozzi Attorneys at Law Ltd | Jul 2014 | Text search only | 16 | 1.71 | 0.00 | 0.95 |
| Thompson Coburn | Jul 2014 | Text search only | 85 | 1.13 | 1.01 | 1.33 |
| Andrews Kurth LLP | Mar 2014 | Text search only | 398 | 1.27 | 0.35 | 1.30 |
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.
- Andrew R. KellerSimpson Thacher & BartlettFirst linked Dec 2013 · Named in a filing · 18 linked companiesSEC/DOJ scrutiny 0.41× · Went dark 0.00× · 95% wipeout 0.63×
- David L. EmmonsBaker Botts L.L.P.First linked Dec 2013 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 1.94× · Went dark 1.00× · 95% wipeout 2.42×
- Hillary H. HolmesGibson, Dunn & Crutcher LLPFirst linked Dec 2013 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.00× · 95% wipeout 1.48×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Andrew R. KellerSimpson Thacher & Bartlett | Dec 2013 | Named in a filing | 18 | 0.41 | 0.00 | 0.63 |
| David L. EmmonsBaker Botts L.L.P. | Dec 2013 | Named in SEC correspondence | 15 | 1.94 | 1.00 | 2.42 |
| Hillary H. HolmesGibson, Dunn & Crutcher LLP | Dec 2013 | Named in SEC correspondence | 44 | 1.21 | 0.00 | 1.48 |