LAIX Inc. LAIX (last ticker on record)
CIK 1742056Its SEC filings (opens in a new tab)
- 95% wipeout
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
- 1
- Newest began Dec 2021
- Largest fall in its shares
- 99%
- Sep 2018 to May 2022
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- 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.
- Kirkland & EllisFirst linked Jun 2018 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Maples and CalderFirst linked Jun 2018 · 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 Jun 2018 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Harney Westwood & RiegelsFirst linked Jul 2022 · Text search only · 238 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.02× · 95% wipeout 0.76×
- Simpson Thacher & BartlettFirst linked Jul 2022 · Text search only · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- White & CaseFirst linked Sep 2018 · Text search only · 907 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.33× · 95% wipeout 0.91×
- JunHe LLPFirst linked Jun 2018 · Text search only · 49 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.49×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kirkland & Ellis | Jun 2018 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Maples and Calder | Jun 2018 | Named in a filing | 1,144 | 0.95 | 0.26 | 0.92 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Jun 2018 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Harney Westwood & Riegels | Jul 2022 | Text search only | 238 | 1.34 | 1.02 | 0.76 |
| Simpson Thacher & Bartlett | Jul 2022 | Text search only | 1,396 | 1.28 | 0.11 | 0.92 |
| White & Case | Sep 2018 | Text search only | 907 | 1.04 | 0.33 | 0.91 |
| JunHe LLP | Jun 2018 | Text search only | 49 | 0.00 | 0.00 | 1.49 |
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.
- Peter X. HuangSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Aug 2021 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 0.26× · Went dark 0.00× · 95% wipeout 0.17×
- David T. ZhangKirkland & EllisFirst linked Jun 2018 · Named in SEC correspondence · 118 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.61× · 95% wipeout 1.22×
- Steve LinKirkland & EllisFirst linked Jun 2018 · Named in SEC correspondence · 63 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 0.00× · 95% wipeout 1.00×
- Z. Julie GaoSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2018 · Named in SEC correspondence · 124 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.00× · 95% wipeout 1.01×
- Ram NarayanKirkland & EllisFirst linked Aug 2022 · Text search only · 22 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.00× · 95% wipeout 0.79×
- Hui LinSimpson Thacher & BartlettFirst linked Aug 2021 · Text search only · 24 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 0.00× · 95% wipeout 2.03×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Peter X. HuangSkadden, Arps, Slate, Meagher & Flom LLP | Aug 2021 | Named in SEC correspondence | 51 | 0.26 | 0.00 | 0.17 |
| David T. ZhangKirkland & Ellis | Jun 2018 | Named in SEC correspondence | 118 | 1.03 | 0.61 | 1.22 |
| Steve LinKirkland & Ellis | Jun 2018 | Named in SEC correspondence | 63 | 0.73 | 0.00 | 1.00 |
| Z. Julie GaoSkadden, Arps, Slate, Meagher & Flom LLP | Jun 2018 | Named in SEC correspondence | 124 | 1.00 | 0.00 | 1.01 |
| Ram NarayanKirkland & Ellis | Aug 2022 | Text search only | 22 | 1.08 | 0.00 | 0.79 |
| Hui LinSimpson Thacher & Bartlett | Aug 2021 | Text search only | 24 | 1.16 | 0.00 | 2.03 |