Azure Power Global Ltd AZRE (last ticker on record)

CIK 1633438Its SEC filings (opens in a new tab)

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: 1; Newest began Mar 2023
Largest fall in its shares: 99%; Jan 2021 to Jul 2023
Law firms: 9; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Mar 13, 2023Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Dentons US LLP	Nov 2021	Named in SEC correspondence	102	0.91	0.40	1.48
Norton Rose	Oct 2020	Named in SEC correspondence	304	1.11	0.52	1.24
Cleary Gottlieb Steen & Hamilton	Apr 2017	Named in SEC correspondence	741	1.31	0.12	0.76
Latham & Watkins LLP	Mar 2015	Named in SEC correspondence	2,667	0.98	0.31	1.10
Skadden, Arps, Slate, Meagher & Flom LLP	Mar 2015	Named in SEC correspondence	2,607	1.15	0.19	0.85
Durham Jones & Pinegar	Dec 2021	Text search only	47	1.70	1.06	1.40
Paul Weiss Rifkind Wharton & Garrison	Oct 2016	Text search only	826	1.02	0.18	0.83
Bird & Bird	Dec 2015	Text search only	46	1.82	0.00	1.34
Shearman & Sterling	Dec 2015	Text search only	2,649	1.21	0.13	0.87

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
John NelsonSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2024	Named in a filing	6	0.00	0.00	0.00
Michael J. KennedyShearman & Sterling	Oct 2016	Named in SEC correspondence	20	2.39	0.00	1.15
Andrea L. NicolasSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2015	Named in SEC correspondence	33	1.41	0.00	1.43
Rajeev P. DuggalSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2015	Named in SEC correspondence	8	0.00	0.00	1.85
Thomas J. IveySkadden, Arps, Slate, Meagher & Flom LLP	Mar 2015	Named in SEC correspondence	39	1.55	0.00	2.10
Adam M. GivertzPaul Weiss Rifkind Wharton & Garrison	Oct 2016	Text search only	43	0.84	0.00	0.66
Kirk A. DavenportLatham & Watkins LLP	Mar 2015	Text search only	52	0.77	0.00	0.80
Wesley C. HolmesLatham & Watkins LLP	Mar 2015	Text search only	53	1.55	1.08	1.36