California Resources Corp CRC (last ticker on record)
CIK 1609253Its SEC filings (opens in a new tab)
- 95% wipeout
- Bankruptcy
- Restructuring
- 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 Jul 2020
- Largest fall in its shares
- 98%
- Apr 2015 to Mar 2020
- Law firms
- 6
- 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)
- 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)
- Debt accelerated (Item 2.04)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.
- Sullivan & CromwellFirst linked Sep 2014 · Named in a filing · 1,047 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.15× · 95% wipeout 0.69×
- Vinson & Elkins L.L.P.First linked Jul 2014 · Named in SEC correspondence · 783 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.11× · 95% wipeout 1.03×
- McDonald CaranoFirst linked Dec 2020 · Text search only · 59 linked companiesSEC/DOJ scrutiny 1.33× · Went dark 1.06× · 95% wipeout 1.26×
- Shearman & SterlingFirst linked Oct 2014 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Latham & Watkins LLPFirst linked Sep 2014 · Text search only · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Simpson Thacher & BartlettFirst linked Sep 2014 · Text search only · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sullivan & Cromwell | Sep 2014 | Named in a filing | 1,047 | 1.40 | 0.15 | 0.69 |
| Vinson & Elkins L.L.P. | Jul 2014 | Named in SEC correspondence | 783 | 1.09 | 0.11 | 1.03 |
| McDonald Carano | Dec 2020 | Text search only | 59 | 1.33 | 1.06 | 1.26 |
| Shearman & Sterling | Oct 2014 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
| Latham & Watkins LLP | Sep 2014 | Text search only | 2,667 | 0.98 | 0.31 | 1.10 |
| Simpson Thacher & Bartlett | Sep 2014 | Text search only | 1,396 | 1.28 | 0.11 | 0.92 |
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.
- Alison S. ResslerSullivan & CromwellFirst linked Oct 2025 · Named in a filing · 37 linked companiesSEC/DOJ scrutiny 1.84× · Went dark 0.00× · 95% wipeout 1.02×
- Scott D. RubinskyVinson & Elkins L.L.P.First linked Aug 2019 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.73×
- Sarah K. MorganVinson & Elkins L.L.P.First linked Jul 2014 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.00× · 95% wipeout 1.17×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alison S. ResslerSullivan & Cromwell | Oct 2025 | Named in a filing | 37 | 1.84 | 0.00 | 1.02 |
| Scott D. RubinskyVinson & Elkins L.L.P. | Aug 2019 | Named in SEC correspondence | 26 | 0.00 | 0.00 | 0.73 |
| Sarah K. MorganVinson & Elkins L.L.P. | Jul 2014 | Named in SEC correspondence | 36 | 0.94 | 0.00 | 1.17 |