Winc, Inc. WBEV (last ticker on record)
CIK 1782627Its SEC filings (opens in a new tab)
- 95% wipeout
- Bankruptcy
- Restructuring
- 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
- 3
- Newest began Dec 2022
- Largest fall in its shares
- 99%
- Nov 2021 to Dec 2022
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (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)
- 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.
- Davis PolkFirst linked Jul 2021 · Named in SEC correspondence · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Latham & Watkins LLPFirst linked Jul 2021 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- CrowdCheck Law LLPFirst linked Sep 2019 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.00× · 95% wipeout 1.58×
- K&L GatesFirst linked Aug 2021 · Text search only · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- CrowdCheck Law LLP (f/k/a KHLK LLP)First linked Sep 2019 · Text search only · 15 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 0.00× · 95% wipeout 1.71×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Davis Polk | Jul 2021 | Named in SEC correspondence | 1,694 | 1.26 | 0.06 | 1.02 |
| Latham & Watkins LLP | Jul 2021 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| CrowdCheck Law LLP | Sep 2019 | Named in SEC correspondence | 18 | 1.06 | 0.00 | 1.58 |
| K&L Gates | Aug 2021 | Text search only | 723 | 1.06 | 1.35 | 1.18 |
| CrowdCheck Law LLP (f/k/a KHLK LLP) | Sep 2019 | Text search only | 15 | 1.20 | 0.00 | 1.71 |
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.
- Brian J. CuneoLatham & Watkins LLPFirst linked Jul 2021 · Named in SEC correspondence · 71 linked companiesSEC/DOJ scrutiny 0.54× · Went dark 0.00× · 95% wipeout 1.81×
- Drew CapurroLatham & Watkins LLPFirst linked Jul 2021 · Named in SEC correspondence · 41 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.00× · 95% wipeout 1.27×
- Pedro J. BermeoDavis PolkFirst linked Jul 2021 · Named in SEC correspondence · 28 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.15×
- Richard D. Truesdell Jr.Davis PolkFirst linked Jul 2021 · Named in SEC correspondence · 149 linked companiesSEC/DOJ scrutiny 0.91× · Went dark 0.00× · 95% wipeout 1.06×
- Jeanne CampanelliCrowdCheck Law LLPFirst linked Sep 2019 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 2.22× · Went dark 0.00× · 95% wipeout 2.24×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Brian J. CuneoLatham & Watkins LLP | Jul 2021 | Named in SEC correspondence | 71 | 0.54 | 0.00 | 1.81 |
| Drew CapurroLatham & Watkins LLP | Jul 2021 | Named in SEC correspondence | 41 | 1.04 | 0.00 | 1.27 |
| Pedro J. BermeoDavis Polk | Jul 2021 | Named in SEC correspondence | 28 | 0.00 | 0.00 | 1.15 |
| Richard D. Truesdell Jr.Davis Polk | Jul 2021 | Named in SEC correspondence | 149 | 0.91 | 0.00 | 1.06 |
| Jeanne CampanelliCrowdCheck Law LLP | Sep 2019 | Named in SEC correspondence | 9 | 2.22 | 0.00 | 2.24 |