Exela Technologies, Inc. XELA (last ticker on record)
CIK 1620179Its SEC filings (opens in a new tab)
- Restatement
- SEC/DOJ scrutiny
- Delisting notice (not a red flag)
- 95% wipeout
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 Nov 2024
- Largest fall in its shares
- 99%
- Jul 2017 to May 2025
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- 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)
- 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 administrative actionSEC order (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)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/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)
- 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)
- 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.
- Loeb & Loeb LLPFirst linked Jan 2025 · Named in a filing · 838 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.99× · 95% wipeout 1.10×
- Paul Weiss Rifkind Wharton & GarrisonFirst linked May 2021 · Named in SEC correspondence · 826 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.18× · 95% wipeout 0.83×
- Willkie FarrFirst linked Apr 2017 · Named in SEC correspondence · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- Graubard MillerFirst linked Sep 2014 · Named in SEC correspondence · 418 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.75× · 95% wipeout 1.16×
- Kirkland & EllisFirst linked Sep 2014 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Armstrong TeasdaleFirst linked Nov 2014 · Text search only · 64 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.00× · 95% wipeout 1.51×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Loeb & Loeb LLP | Jan 2025 | Named in a filing | 838 | 0.92 | 0.99 | 1.10 |
| Paul Weiss Rifkind Wharton & Garrison | May 2021 | Named in SEC correspondence | 826 | 1.02 | 0.18 | 0.83 |
| Willkie Farr | Apr 2017 | Named in SEC correspondence | 539 | 1.23 | 0.40 | 0.84 |
| Graubard Miller | Sep 2014 | Named in SEC correspondence | 418 | 0.92 | 0.75 | 1.16 |
| Kirkland & Ellis | Sep 2014 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Armstrong Teasdale | Nov 2014 | Text search only | 64 | 1.00 | 0.00 | 1.51 |
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.
- Erik MengwallLoeb & Loeb LLPFirst linked Jan 2025 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Sean M. EwenWillkie FarrFirst linked Jan 2022 · Named in a filing · 31 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.00× · 95% wipeout 1.01×
- Catherine L. GoodallPaul Weiss Rifkind Wharton & GarrisonFirst linked May 2021 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.82× · Went dark 0.00× · 95% wipeout 1.77×
- David A. CurtissPaul Weiss Rifkind Wharton & GarrisonFirst linked May 2017 · Named in SEC correspondence · 24 linked companiesSEC/DOJ scrutiny 0.57× · Went dark 0.00× · 95% wipeout 0.64×
- Maurice M. LefkortWillkie FarrFirst linked Apr 2017 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 1.51× · Went dark 0.00× · 95% wipeout 1.05×
- Christian O. NaglerKirkland & EllisFirst linked Sep 2014 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.01×
- David Alan MillerEllenoff Grossman & Schole LLPFirst linked Sep 2014 · Named in a filing · 231 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.74× · 95% wipeout 1.33×
- Jeffrey M. GallantGraubard MillerFirst linked Sep 2014 · Named in SEC correspondence · 195 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 0.64× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Erik MengwallLoeb & Loeb LLP | Jan 2025 | Named in a filing | 5 | 0.00 | 0.00 | 0.00 |
| Sean M. EwenWillkie Farr | Jan 2022 | Named in a filing | 31 | 0.92 | 0.00 | 1.01 |
| Catherine L. GoodallPaul Weiss Rifkind Wharton & Garrison | May 2021 | Named in SEC correspondence | 12 | 0.82 | 0.00 | 1.77 |
| David A. CurtissPaul Weiss Rifkind Wharton & Garrison | May 2017 | Named in SEC correspondence | 24 | 0.57 | 0.00 | 0.64 |
| Maurice M. LefkortWillkie Farr | Apr 2017 | Named in SEC correspondence | 18 | 1.51 | 0.00 | 1.05 |
| Christian O. NaglerKirkland & Ellis | Sep 2014 | Named in SEC correspondence | 260 | 0.89 | 0.00 | 1.01 |
| David Alan MillerEllenoff Grossman & Schole LLP | Sep 2014 | Named in a filing | 231 | 1.06 | 0.74 | 1.33 |
| Jeffrey M. GallantGraubard Miller | Sep 2014 | Named in SEC correspondence | 195 | 0.96 | 0.64 | 1.20 |