Nerdy Inc. NRDY (last ticker on record)
CIK 1819404Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- Restructuring
- 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
- 3
- Newest began Sep 2026
- Largest fall in its shares
- 96%
- Sep 2021 to Oct 2026
- Law firms
- 12
- Linked to 5 or more companies
- Lawyers
- 9
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- 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)
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.
- Goodwin ProcterFirst linked Mar 2021 · Named in SEC correspondence · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Vinson & Elkins L.L.P.First linked Mar 2021 · Named in SEC correspondence · 783 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.11× · 95% wipeout 1.03×
- Ropes & GrayFirst linked Sep 2020 · Named in SEC correspondence · 914 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.14× · 95% wipeout 0.92×
- Maples and CalderFirst linked Jul 2020 · Named in a filing · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Weil, Gotshal & Manges LLPFirst linked Jul 2020 · Named in SEC correspondence · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
- Gunderson DettmerFirst linked Mar 2021 · Text search only · 333 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.66× · 95% wipeout 1.32×
- Honigman Miller Schwartz and Cohn LLPFirst linked Mar 2021 · Text search only · 159 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.69× · 95% wipeout 0.88×
- Kirkland & EllisFirst linked Mar 2021 · Text search only · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Polsinelli PCFirst linked Mar 2021 · Text search only · 82 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.81× · 95% wipeout 1.36×
- Arnold & PorterFirst linked Sep 2020 · Text search only · 254 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.11× · 95% wipeout 0.84×
- Cooley LLPFirst linked Jul 2020 · Text search only · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Stoel RivesFirst linked Jul 2020 · Text search only · 208 linked companiesSEC/DOJ scrutiny 0.84× · Went dark 0.67× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Goodwin Procter | Mar 2021 | Named in SEC correspondence | 1,221 | 0.79 | 0.31 | 1.17 |
| Vinson & Elkins L.L.P. | Mar 2021 | Named in SEC correspondence | 783 | 1.09 | 0.11 | 1.03 |
| Ropes & Gray | Sep 2020 | Named in SEC correspondence | 914 | 0.98 | 0.14 | 0.92 |
| Maples and Calder | Jul 2020 | Named in a filing | 1,144 | 0.95 | 0.26 | 0.92 |
| Weil, Gotshal & Manges LLP | Jul 2020 | Named in SEC correspondence | 1,051 | 1.31 | 0.27 | 0.91 |
| Gunderson Dettmer | Mar 2021 | Text search only | 333 | 1.17 | 0.66 | 1.32 |
| Honigman Miller Schwartz and Cohn LLP | Mar 2021 | Text search only | 159 | 0.92 | 0.69 | 0.88 |
| Kirkland & Ellis | Mar 2021 | Text search only | 1,686 | 0.98 | 0.17 | 0.87 |
| Polsinelli PC | Mar 2021 | Text search only | 82 | 1.22 | 0.81 | 1.36 |
| Arnold & Porter | Sep 2020 | Text search only | 254 | 1.03 | 0.11 | 0.84 |
| Cooley LLP | Jul 2020 | Text search only | 1,634 | 0.71 | 0.44 | 1.24 |
| Stoel Rives | Jul 2020 | Text search only | 208 | 0.84 | 0.67 | 1.20 |
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.
- Jocelyn M. ArelGoodwin ProcterFirst linked Mar 2021 · Named in SEC correspondence · 63 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 1.44×
- John M. MutkoskiGoodwin ProcterFirst linked Mar 2021 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 0.39× · Went dark 0.00× · 95% wipeout 1.25×
- KEITH R. FULLENWEIDERVinson & Elkins L.L.P.First linked Mar 2021 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.00× · 95% wipeout 0.65×
- Sarah K. MorganVinson & Elkins L.L.P.First linked Mar 2021 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.00× · 95% wipeout 1.17×
- Christopher J. CapuzziRopes & GrayFirst linked Sep 2020 · Named in SEC correspondence · 56 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.00× · 95% wipeout 0.87×
- Paul D. TroppRopes & GrayFirst linked Sep 2020 · Named in SEC correspondence · 108 linked companiesSEC/DOJ scrutiny 0.85× · Went dark 0.00× · 95% wipeout 0.94×
- Alexander D. LynchWeil, Gotshal & Manges LLPFirst linked Jul 2020 · Named in SEC correspondence · 115 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.33× · 95% wipeout 1.45×
- Audrey S. LeighGoodwin ProcterFirst linked Mar 2021 · Text search only · 16 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.00× · 95% wipeout 1.51×
- Alex LynchWeil, Gotshal & Manges LLPFirst linked Sep 2020 · Text search only · 14 linked companiesSEC/DOJ scrutiny 2.50× · Went dark 0.00× · 95% wipeout 1.67×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jocelyn M. ArelGoodwin Procter | Mar 2021 | Named in SEC correspondence | 63 | 1.45 | 0.00 | 1.44 |
| John M. MutkoskiGoodwin Procter | Mar 2021 | Named in SEC correspondence | 26 | 0.39 | 0.00 | 1.25 |
| KEITH R. FULLENWEIDERVinson & Elkins L.L.P. | Mar 2021 | Named in SEC correspondence | 22 | 1.27 | 0.00 | 0.65 |
| Sarah K. MorganVinson & Elkins L.L.P. | Mar 2021 | Named in SEC correspondence | 36 | 0.94 | 0.00 | 1.17 |
| Christopher J. CapuzziRopes & Gray | Sep 2020 | Named in SEC correspondence | 56 | 0.79 | 0.00 | 0.87 |
| Paul D. TroppRopes & Gray | Sep 2020 | Named in SEC correspondence | 108 | 0.85 | 0.00 | 0.94 |
| Alexander D. LynchWeil, Gotshal & Manges LLP | Jul 2020 | Named in SEC correspondence | 115 | 1.18 | 0.33 | 1.45 |
| Audrey S. LeighGoodwin Procter | Mar 2021 | Text search only | 16 | 1.52 | 0.00 | 1.51 |
| Alex LynchWeil, Gotshal & Manges LLP | Sep 2020 | Text search only | 14 | 2.50 | 0.00 | 1.67 |