KING LLC MERGER SUB, LLC CTAC (last ticker on record)
CIK 1824577Its SEC filings (opens in a new tab)
- Restatement
- 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
- 1
- Newest began May 2021
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 3
- Linked to 5 or more companies
What happened
- 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.
- Kirkland & EllisFirst linked Sep 2020 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Fenwick & West LLPFirst linked Oct 2020 · Text search only · 443 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.21× · 95% wipeout 1.23×
- Maples and CalderFirst linked Sep 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 |
|---|---|---|---|---|---|---|
| Kirkland & Ellis | Sep 2020 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Fenwick & West LLP | Oct 2020 | Text search only | 443 | 0.95 | 0.21 | 1.23 |
| Maples and Calder | Sep 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.
- Christian O. NaglerKirkland & EllisFirst linked Sep 2020 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.01×
- Peter S. SeligsonKirkland & EllisFirst linked Sep 2020 · Named in SEC correspondence · 73 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.17×
- Ethan SkerryFenwick & West LLPFirst linked Oct 2020 · Text search only · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.68×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Christian O. NaglerKirkland & Ellis | Sep 2020 | Named in SEC correspondence | 260 | 0.89 | 0.00 | 1.01 |
| Peter S. SeligsonKirkland & Ellis | Sep 2020 | Named in SEC correspondence | 73 | 0.48 | 0.00 | 1.17 |
| Ethan SkerryFenwick & West LLP | Oct 2020 | Text search only | 13 | 0.00 | 0.00 | 0.68 |