Old API Wind-down Ltd. ARLZ (last ticker on record)
CIK 1660719Its 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 Aug 2018
- Largest fall in its shares
- 99%
- Mar 2016 to Aug 2018
- Law firms
- 12
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- 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)
- 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.
- Stikeman ElliottFirst linked Nov 2017 · Named in a filing · 225 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.11× · 95% wipeout 1.06×
- Willkie FarrFirst linked Nov 2017 · Named in a filing · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- DLA PiperFirst linked Dec 2015 · Named in SEC correspondence · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Borden Ladner Gervais LLPFirst linked Jan 2016 · Text search only · 78 linked companiesSEC/DOJ scrutiny 0.46× · Went dark 0.00× · 95% wipeout 1.25×
- Dentons CanadaFirst linked Jan 2016 · Text search only · 49 linked companiesSEC/DOJ scrutiny 0.80× · Went dark 0.00× · 95% wipeout 1.45×
- Ellenoff Grossman & Schole LLPFirst linked Jan 2016 · Text search only · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Herrick, Feinstein LLPFirst linked Jan 2016 · Text search only · 47 linked companiesSEC/DOJ scrutiny 0.53× · Went dark 1.94× · 95% wipeout 0.32×
- Troutman Sanders LLPFirst linked Jan 2016 · Text search only · 335 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.61× · 95% wipeout 1.16×
- Blank RomeFirst linked Dec 2015 · Text search only · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Cahill Gordon & ReindelFirst linked Dec 2015 · Text search only · 598 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.18× · 95% wipeout 0.77×
- Fogler RubinoffFirst linked Dec 2015 · Text search only · 19 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.79× · 95% wipeout 1.43×
- McGovern HurleyFirst linked Dec 2015 · Text search only · 18 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 1.40× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Stikeman Elliott | Nov 2017 | Named in a filing | 225 | 1.08 | 0.11 | 1.06 |
| Willkie Farr | Nov 2017 | Named in a filing | 539 | 1.23 | 0.40 | 0.84 |
| DLA Piper | Dec 2015 | Named in SEC correspondence | 1,184 | 1.00 | 0.45 | 1.20 |
| Borden Ladner Gervais LLP | Jan 2016 | Text search only | 78 | 0.46 | 0.00 | 1.25 |
| Dentons Canada | Jan 2016 | Text search only | 49 | 0.80 | 0.00 | 1.45 |
| Ellenoff Grossman & Schole LLP | Jan 2016 | Text search only | 963 | 0.96 | 1.12 | 1.21 |
| Herrick, Feinstein LLP | Jan 2016 | Text search only | 47 | 0.53 | 1.94 | 0.32 |
| Troutman Sanders LLP | Jan 2016 | Text search only | 335 | 1.15 | 0.61 | 1.16 |
| Blank Rome | Dec 2015 | Text search only | 348 | 1.04 | 0.79 | 1.36 |
| Cahill Gordon & Reindel | Dec 2015 | Text search only | 598 | 1.03 | 0.18 | 0.77 |
| Fogler Rubinoff | Dec 2015 | Text search only | 19 | 1.00 | 0.79 | 1.43 |
| McGovern Hurley | Dec 2015 | Text search only | 18 | 0.67 | 1.40 | 1.25 |
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.
- Adam M. TurteltaubWillkie FarrFirst linked Nov 2017 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 0.77× · Went dark 0.00× · 95% wipeout 0.86×
- Russell L. LeafWillkie FarrFirst linked Nov 2017 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.00× · 95% wipeout 0.66×
- Sean M. EwenWillkie FarrFirst linked Nov 2017 · Named in SEC correspondence · 31 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.00× · 95% wipeout 1.01×
- Andrew P. GilbertDLA PiperFirst linked Dec 2015 · Named in SEC correspondence · 49 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 0.50× · 95% wipeout 1.01×
- David C. SchwartzDLA PiperFirst linked Dec 2015 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.00× · 95% wipeout 0.60×
- Daniel A. EtnaHerrick, Feinstein LLPFirst linked Jan 2016 · Text search only · 6 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 1.62× · 95% wipeout 1.10×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Adam M. TurteltaubWillkie Farr | Nov 2017 | Named in SEC correspondence | 21 | 0.77 | 0.00 | 0.86 |
| Russell L. LeafWillkie Farr | Nov 2017 | Named in SEC correspondence | 20 | 1.27 | 0.00 | 0.66 |
| Sean M. EwenWillkie Farr | Nov 2017 | Named in SEC correspondence | 31 | 0.92 | 0.00 | 1.01 |
| Andrew P. GilbertDLA Piper | Dec 2015 | Named in SEC correspondence | 49 | 0.65 | 0.50 | 1.01 |
| David C. SchwartzDLA Piper | Dec 2015 | Named in SEC correspondence | 21 | 1.21 | 0.00 | 0.60 |
| Daniel A. EtnaHerrick, Feinstein LLP | Jan 2016 | Text search only | 6 | 1.74 | 1.62 | 1.10 |