SBIG Holdings, Inc. SBIG (last ticker on record)
CIK 1801602Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- 95% wipeout
- 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
- 3
- Newest began Apr 2026
- Largest fall in its shares
- 99%
- May 2022 to May 2026
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- 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.
- Benesch Friedlander Coplan & AronoffFirst linked Dec 2021 · Named in SEC correspondence · 55 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.31×
- Davis PolkFirst linked Feb 2020 · Named in SEC correspondence · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Arnold & PorterFirst linked Feb 2020 · Text search only · 254 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.11× · 95% wipeout 0.84×
- Maples and CalderFirst linked Feb 2020 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Benesch Friedlander Coplan & Aronoff | Dec 2021 | Named in SEC correspondence | 55 | 1.15 | 0.77 | 1.31 |
| Davis Polk | Feb 2020 | Named in SEC correspondence | 1,694 | 1.26 | 0.06 | 1.02 |
| Arnold & Porter | Feb 2020 | Text search only | 254 | 1.03 | 0.11 | 0.84 |
| Maples and Calder | Feb 2020 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
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.
- Leonard KreyninDavis PolkFirst linked Dec 2021 · Named in SEC correspondence · 11 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.13×
- Deanna L. KirkpatrickDavis PolkFirst linked Feb 2020 · Named in SEC correspondence · 112 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 0.00× · 95% wipeout 0.76×
- Derek J. DostalDavis PolkFirst linked Feb 2020 · Named in SEC correspondence · 114 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.00× · 95% wipeout 1.22×
- Laura KaufmannSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Feb 2020 · Text search only · 25 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.00× · 95% wipeout 1.11×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Leonard KreyninDavis Polk | Dec 2021 | Named in SEC correspondence | 11 | 0.00 | 0.00 | 1.13 |
| Deanna L. KirkpatrickDavis Polk | Feb 2020 | Named in SEC correspondence | 112 | 1.74 | 0.00 | 0.76 |
| Derek J. DostalDavis Polk | Feb 2020 | Named in SEC correspondence | 114 | 1.03 | 0.00 | 1.22 |
| Laura KaufmannSkadden, Arps, Slate, Meagher & Flom LLP | Feb 2020 | Text search only | 25 | 1.78 | 0.00 | 1.11 |