Alight, Inc. / Delaware ALIT (last ticker on record)
CIK 1809104Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- Restructuring
- 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
- 3
- Newest began Mar 2026
- Largest fall in its shares
- 96%
- Sep 2021 to Oct 2026
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- A filing mentions a Wells noticeForm 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.
- Simpson Thacher & BartlettFirst linked Mar 2026 · Named in a filing · 1,396 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.11× · 95% wipeout 0.92×
- Kirkland & EllisFirst linked Aug 2021 · Named in a filing · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Davis PolkFirst linked Apr 2020 · Named in SEC correspondence · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Weil, Gotshal & Manges LLPFirst linked Apr 2020 · Named in SEC correspondence · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Simpson Thacher & Bartlett | Mar 2026 | Named in a filing | 1,396 | 1.28 | 0.11 | 0.92 |
| Kirkland & Ellis | Aug 2021 | Named in a filing | 1,686 | 0.98 | 0.17 | 0.87 |
| Davis Polk | Apr 2020 | Named in SEC correspondence | 1,694 | 1.26 | 0.06 | 1.02 |
| Weil, Gotshal & Manges LLP | Apr 2020 | Named in SEC correspondence | 1,051 | 1.31 | 0.27 | 0.91 |
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.
- Alexander D. LynchWeil, Gotshal & Manges LLPFirst linked Apr 2020 · Named in SEC correspondence · 115 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.33× · 95% wipeout 1.45×
- Deanna L. KirkpatrickDavis PolkFirst linked Apr 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 Apr 2020 · Named in SEC correspondence · 114 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.00× · 95% wipeout 1.22×
- Michael KimKirkland & EllisFirst linked Jul 2021 · Text search only · 48 linked companiesSEC/DOJ scrutiny 0.63× · Went dark 0.00× · 95% wipeout 1.82×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alexander D. LynchWeil, Gotshal & Manges LLP | Apr 2020 | Named in SEC correspondence | 115 | 1.18 | 0.33 | 1.45 |
| Deanna L. KirkpatrickDavis Polk | Apr 2020 | Named in SEC correspondence | 112 | 1.74 | 0.00 | 0.76 |
| Derek J. DostalDavis Polk | Apr 2020 | Named in SEC correspondence | 114 | 1.03 | 0.00 | 1.22 |
| Michael KimKirkland & Ellis | Jul 2021 | Text search only | 48 | 0.63 | 0.00 | 1.82 |