Digital Media Solutions, Inc. DMS (last ticker on record)
CIK 1725134Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
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 Mar 2023
- Largest fall in its shares
- 99%
- Feb 2021 to Nov 2023
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)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.
- Baker & McKenzieFirst linked Mar 2022 · Named in SEC correspondence · 587 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.72× · 95% wipeout 1.00×
- Kirkland & EllisFirst linked Dec 2017 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Maples and CalderFirst linked Dec 2017 · Named in a filing · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Dec 2017 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Torys LLPFirst linked May 2020 · Text search only · 170 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.44× · 95% wipeout 0.94×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Baker & McKenzie | Mar 2022 | Named in SEC correspondence | 587 | 1.07 | 0.72 | 1.00 |
| Kirkland & Ellis | Dec 2017 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Maples and Calder | Dec 2017 | Named in a filing | 1,144 | 0.95 | 0.26 | 0.92 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Dec 2017 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Torys LLP | May 2020 | Text search only | 170 | 1.22 | 0.44 | 0.94 |
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.
- Jeremy L. MooreBaker & McKenzieFirst linked Mar 2022 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.74× · Went dark 0.00× · 95% wipeout 1.70×
- Laura A. Kaufmann BelkhayatSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Mar 2021 · Named in a filing · 18 linked companiesSEC/DOJ scrutiny 1.66× · Went dark 0.00× · 95% wipeout 0.59×
- Andrew J. BradySkadden, Arps, Slate, Meagher & Flom LLPFirst linked Sep 2020 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 2.65× · Went dark 0.00× · 95% wipeout 1.45×
- Katherine D. AshleySkadden, Arps, Slate, Meagher & Flom LLPFirst linked May 2020 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.67×
- Christian O. NaglerKirkland & EllisFirst linked Dec 2017 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.01×
- Peter S. SeligsonKirkland & EllisFirst linked Dec 2017 · Named in SEC correspondence · 73 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.17×
- Robert G. RobisonMorgan LewisFirst linked Apr 2019 · Text search only · 20 linked companiesSEC/DOJ scrutiny 0.42× · Went dark 0.00× · 95% wipeout 0.95×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jeremy L. MooreBaker & McKenzie | Mar 2022 | Named in SEC correspondence | 10 | 0.74 | 0.00 | 1.70 |
| Laura A. Kaufmann BelkhayatSkadden, Arps, Slate, Meagher & Flom LLP | Mar 2021 | Named in a filing | 18 | 1.66 | 0.00 | 0.59 |
| Andrew J. BradySkadden, Arps, Slate, Meagher & Flom LLP | Sep 2020 | Named in a filing | 5 | 2.65 | 0.00 | 1.45 |
| Katherine D. AshleySkadden, Arps, Slate, Meagher & Flom LLP | May 2020 | Named in SEC correspondence | 12 | 0.00 | 0.00 | 0.67 |
| Christian O. NaglerKirkland & Ellis | Dec 2017 | Named in SEC correspondence | 260 | 0.89 | 0.00 | 1.01 |
| Peter S. SeligsonKirkland & Ellis | Dec 2017 | Named in SEC correspondence | 73 | 0.48 | 0.00 | 1.17 |
| Robert G. RobisonMorgan Lewis | Apr 2019 | Text search only | 20 | 0.42 | 0.00 | 0.95 |