Gridsum Holding Inc. GSUM (last ticker on record)
CIK 1647338Its SEC filings (opens in a new tab)
- 95% wipeout
- SEC/DOJ scrutiny
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
- 2
- Newest began Sep 2023
- Largest fall in its shares
- 97%
- Oct 2016 to Apr 2020
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- SEC enforcement releaseSEC release (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (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.
- Orrick, Herrington & Sutcliffe LLPFirst linked Nov 2020 · Named in SEC correspondence · 500 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.61× · 95% wipeout 1.08×
- Commerce & Finance Law OfficesFirst linked Jul 2015 · Named in SEC correspondence · 157 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.53× · 95% wipeout 1.02×
- Fenwick & West LLPFirst linked Jul 2015 · Named in SEC correspondence · 443 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.21× · 95% wipeout 1.23×
- Simpson Thacher & BartlettFirst linked Jul 2015 · Named in SEC correspondence · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Hogan Lovells US LLPFirst linked Nov 2020 · Text search only · 487 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 0.26× · 95% wipeout 0.85×
- Patterson Belknap Webb & TylerFirst linked Sep 2016 · Text search only · 185 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.51× · 95% wipeout 1.17×
- King & WoodFirst linked Jul 2015 · Text search only · 172 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.34× · 95% wipeout 1.24×
- Paul Weiss Rifkind Wharton & GarrisonFirst linked Jul 2015 · Text search only · 826 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.18× · 95% wipeout 0.83×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Orrick, Herrington & Sutcliffe LLP | Nov 2020 | Named in SEC correspondence | 500 | 1.12 | 0.61 | 1.08 |
| Commerce & Finance Law Offices | Jul 2015 | Named in SEC correspondence | 157 | 1.00 | 0.53 | 1.02 |
| Fenwick & West LLP | Jul 2015 | Named in SEC correspondence | 443 | 0.95 | 0.21 | 1.23 |
| Simpson Thacher & Bartlett | Jul 2015 | Named in SEC correspondence | 1,396 | 1.28 | 0.11 | 0.92 |
| Hogan Lovells US LLP | Nov 2020 | Text search only | 487 | 0.96 | 0.26 | 0.85 |
| Patterson Belknap Webb & Tyler | Sep 2016 | Text search only | 185 | 0.89 | 0.51 | 1.17 |
| King & Wood | Jul 2015 | Text search only | 172 | 1.23 | 0.34 | 1.24 |
| Paul Weiss Rifkind Wharton & Garrison | Jul 2015 | Text search only | 826 | 1.02 | 0.18 | 0.83 |
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.
- Jeffrey J. SunOrrick, Herrington & Sutcliffe LLPFirst linked Dec 2020 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 2.03× · Went dark 0.00× · 95% wipeout 0.00×
- Stephanie TangShearman & SterlingFirst linked Dec 2020 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 1.49× · Went dark 1.83× · 95% wipeout 0.50×
- Jie Jeffrey SunOrrick, Herrington & Sutcliffe LLPFirst linked Nov 2020 · Named in a filing · 8 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.00× · 95% wipeout 0.00×
- Richard V. SmithOrrick, Herrington & Sutcliffe LLPFirst linked Nov 2020 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.00× · 95% wipeout 0.00×
- Melissa V. FrayerMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Aug 2016 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 2.39× · Went dark 0.00× · 95% wipeout 1.42×
- Eva H. WangFenwick & West LLPFirst linked Mar 2016 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 1.83× · Went dark 0.00× · 95% wipeout 2.66×
- Daniel FertigSimpson Thacher & BartlettFirst linked Jul 2015 · Named in SEC correspondence · 39 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.00× · 95% wipeout 1.28×
- Gordon K. DavidsonFenwick & West LLPFirst linked Jul 2015 · Named in SEC correspondence · 67 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.00× · 95% wipeout 1.15×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jeffrey J. SunOrrick, Herrington & Sutcliffe LLP | Dec 2020 | Named in SEC correspondence | 7 | 2.03 | 0.00 | 0.00 |
| Stephanie TangShearman & Sterling | Dec 2020 | Named in SEC correspondence | 22 | 1.49 | 1.83 | 0.50 |
| Jie Jeffrey SunOrrick, Herrington & Sutcliffe LLP | Nov 2020 | Named in a filing | 8 | 1.78 | 0.00 | 0.00 |
| Richard V. SmithOrrick, Herrington & Sutcliffe LLP | Nov 2020 | Named in SEC correspondence | 26 | 0.78 | 0.00 | 0.00 |
| Melissa V. FrayerMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Aug 2016 | Named in SEC correspondence | 13 | 2.39 | 0.00 | 1.42 |
| Eva H. WangFenwick & West LLP | Mar 2016 | Named in SEC correspondence | 6 | 1.83 | 0.00 | 2.66 |
| Daniel FertigSimpson Thacher & Bartlett | Jul 2015 | Named in SEC correspondence | 39 | 1.24 | 0.00 | 1.28 |
| Gordon K. DavidsonFenwick & West LLP | Jul 2015 | Named in SEC correspondence | 67 | 1.09 | 0.00 | 1.15 |