Fisker Inc./DE FSRN (last ticker on record)
CIK 1720990Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Restructuring
- Bankruptcy
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
- 4
- Newest began Jun 2024
- Largest fall in its shares
- 99%
- Mar 2021 to Mar 2024
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- Debt accelerated (Item 2.04)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)
- 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
- Said its accounts could not be relied on (Item 4.02)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.
- Orrick, Herrington & Sutcliffe LLPFirst linked Aug 2020 · Named in SEC correspondence · 500 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.61× · 95% wipeout 1.08×
- Kirkland & EllisFirst linked Jul 2018 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Vinson & Elkins L.L.P.First linked Oct 2017 · Named in SEC correspondence · 783 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.11× · 95% wipeout 1.03×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Orrick, Herrington & Sutcliffe LLP | Aug 2020 | Named in SEC correspondence | 500 | 1.12 | 0.61 | 1.08 |
| Kirkland & Ellis | Jul 2018 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Vinson & Elkins L.L.P. | Oct 2017 | Named in SEC correspondence | 783 | 1.09 | 0.11 | 1.03 |
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.
- Albert VanderlaanOrrick, Herrington & Sutcliffe LLPFirst linked Aug 2020 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.00× · 95% wipeout 0.93×
- Christian O. NaglerKirkland & EllisFirst linked Jul 2018 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.01×
- Peter S. SeligsonKirkland & EllisFirst linked Jul 2018 · Named in SEC correspondence · 73 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.17×
- Brenda LenahanVinson & Elkins L.L.P.First linked Oct 2017 · Named in SEC correspondence · 31 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.00× · 95% wipeout 1.36×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Albert VanderlaanOrrick, Herrington & Sutcliffe LLP | Aug 2020 | Named in SEC correspondence | 29 | 0.95 | 0.00 | 0.93 |
| Christian O. NaglerKirkland & Ellis | Jul 2018 | Named in SEC correspondence | 260 | 0.89 | 0.00 | 1.01 |
| Peter S. SeligsonKirkland & Ellis | Jul 2018 | Named in SEC correspondence | 73 | 0.48 | 0.00 | 1.17 |
| Brenda LenahanVinson & Elkins L.L.P. | Oct 2017 | Named in SEC correspondence | 31 | 1.52 | 0.00 | 1.36 |