Clever Leaves Holdings Inc. CLVR (last ticker on record)
CIK 1819615Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- 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 Jan 2023
- Largest fall in its shares
- 99%
- Feb 2021 to Apr 2024
- Law firms
- 8
- 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)
- 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)
- 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/A (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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.
- Dentons CanadaFirst linked Aug 2020 · Named in SEC correspondence · 49 linked companiesSEC/DOJ scrutiny 0.80× · Went dark 0.00× · 95% wipeout 1.45×
- Freshfields Bruckhaus Deringer US LLPFirst linked Aug 2020 · Named in SEC correspondence · 127 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.00× · 95% wipeout 0.91×
- Greenberg TraurigFirst linked Aug 2020 · Named in SEC correspondence · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Goodwin ProcterFirst linked Jan 2022 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Bryan CaveFirst linked Sep 2020 · Text search only · 471 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.76× · 95% wipeout 0.98×
- Mayer BrownFirst linked Aug 2020 · Text search only · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Ropes & GrayFirst linked Aug 2020 · Text search only · 914 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.14× · 95% wipeout 0.92×
- Stikeman ElliottFirst linked Aug 2020 · Text search only · 225 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.11× · 95% wipeout 1.06×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Dentons Canada | Aug 2020 | Named in SEC correspondence | 49 | 0.80 | 0.00 | 1.45 |
| Freshfields Bruckhaus Deringer US LLP | Aug 2020 | Named in SEC correspondence | 127 | 1.28 | 0.00 | 0.91 |
| Greenberg Traurig | Aug 2020 | Named in SEC correspondence | 1,223 | 1.01 | 1.03 | 1.10 |
| Goodwin Procter | Jan 2022 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
| Bryan Cave | Sep 2020 | Text search only | 471 | 1.09 | 0.76 | 0.98 |
| Mayer Brown | Aug 2020 | Text search only | 680 | 0.98 | 0.34 | 0.94 |
| Ropes & Gray | Aug 2020 | Text search only | 914 | 0.98 | 0.14 | 0.92 |
| Stikeman Elliott | Aug 2020 | Text search only | 225 | 1.08 | 0.11 | 1.06 |
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.
- Alan I. AnnexGreenberg TraurigFirst linked Aug 2020 · Named in SEC correspondence · 153 linked companiesSEC/DOJ scrutiny 0.55× · Went dark 0.24× · 95% wipeout 1.15×
- Jason T. SimonGreenberg TraurigFirst linked Aug 2020 · Named in SEC correspondence · 120 linked companiesSEC/DOJ scrutiny 0.68× · Went dark 0.30× · 95% wipeout 1.11×
- Pamela L. MarcoglieseCleary Gottlieb Steen & HamiltonFirst linked Aug 2020 · Named in SEC correspondence · 32 linked companiesSEC/DOJ scrutiny 2.60× · Went dark 0.00× · 95% wipeout 1.00×
- Sebastian L. FainFreshfields Bruckhaus Deringer US LLPFirst linked Aug 2020 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.15×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alan I. AnnexGreenberg Traurig | Aug 2020 | Named in SEC correspondence | 153 | 0.55 | 0.24 | 1.15 |
| Jason T. SimonGreenberg Traurig | Aug 2020 | Named in SEC correspondence | 120 | 0.68 | 0.30 | 1.11 |
| Pamela L. MarcoglieseCleary Gottlieb Steen & Hamilton | Aug 2020 | Named in SEC correspondence | 32 | 2.60 | 0.00 | 1.00 |
| Sebastian L. FainFreshfields Bruckhaus Deringer US LLP | Aug 2020 | Named in SEC correspondence | 14 | 0.00 | 0.00 | 1.15 |