Covia Holdings Corp CVIAQ (last ticker on record)
CIK 1722287Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 95% wipeout
- Delisting notice (not a red flag)
- 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
- 4
- Newest began Jun 2020
- Largest fall in its shares
- 98%
- Jun 2018 to Apr 2020
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- SEC administrative actionSEC order (opens in a new tab)
- SEC administrative proceedingSEC order (opens in a new tab)
- A filing mentions a Wells noticeForm 10-Q (opens in a new tab)
- 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
- A filing mentions cooperating with the SECForm 10-K (opens in a new tab)
- A filing mentions an SEC subpoenaForm 10-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.
- Kirkland & EllisFirst linked Dec 2020 · Named in a filing · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Freshfields Bruckhaus Deringer US LLPFirst linked Dec 2017 · Named in SEC correspondence · 127 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.00× · 95% wipeout 0.91×
- Simpson Thacher & BartlettFirst linked Apr 2018 · Text search only · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Calfee Halter & GriswoldFirst linked Mar 2018 · Text search only · 70 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 0.00× · 95% wipeout 1.58×
- Fried FrankFirst linked Jan 2018 · Text search only · 540 linked companiesSEC/DOJ scrutiny 1.33× · Went dark 0.24× · 95% wipeout 0.94×
- Jones DayFirst linked Jan 2018 · Text search only · 686 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.54× · 95% wipeout 1.12×
- Proskauer RoseFirst linked Jan 2018 · Text search only · 492 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.48× · 95% wipeout 1.08×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kirkland & Ellis | Dec 2020 | Named in a filing | 1,686 | 0.98 | 0.17 | 0.87 |
| Freshfields Bruckhaus Deringer US LLP | Dec 2017 | Named in SEC correspondence | 127 | 1.28 | 0.00 | 0.91 |
| Simpson Thacher & Bartlett | Apr 2018 | Text search only | 1,396 | 1.28 | 0.11 | 0.92 |
| Calfee Halter & Griswold | Mar 2018 | Text search only | 70 | 0.88 | 0.00 | 1.58 |
| Fried Frank | Jan 2018 | Text search only | 540 | 1.33 | 0.24 | 0.94 |
| Jones Day | Jan 2018 | Text search only | 686 | 1.25 | 0.54 | 1.12 |
| Proskauer Rose | Jan 2018 | Text search only | 492 | 1.15 | 0.48 | 1.08 |
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.
- Michael A. LevittFreshfields Bruckhaus Deringer US LLPFirst linked Jan 2018 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 0.00× · 95% wipeout 1.19×
- Peter D. LyonsShearman & SterlingFirst linked Jan 2018 · Named in SEC correspondence · 25 linked companiesSEC/DOJ scrutiny 1.55× · Went dark 0.00× · 95% wipeout 0.35×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Michael A. LevittFreshfields Bruckhaus Deringer US LLP | Jan 2018 | Named in SEC correspondence | 27 | 1.16 | 0.00 | 1.19 |
| Peter D. LyonsShearman & Sterling | Jan 2018 | Named in SEC correspondence | 25 | 1.55 | 0.00 | 0.35 |