Offerpad Solutions Inc. OPAD (last ticker on record)
CIK 1825024Its SEC filings (opens in a new tab)
- Restatement
- 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
- 2
- Newest began Nov 2022
- Largest fall in its shares
- 99%
- Sep 2021 to Oct 2026
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 10
- 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)
- 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)
- Shares down 95% from their high
- 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)
- 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.
- Simpson Thacher & BartlettFirst linked Apr 2021 · Named in SEC correspondence · 1,397 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.11× · 95% wipeout 0.88×
- Latham & Watkins LLPFirst linked Sep 2020 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.08×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Sep 2020 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.82×
- Gibson, Dunn & Crutcher LLPFirst linked Aug 2021 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.95×
- Cravath Swaine & MooreFirst linked Apr 2021 · Text search only · 839 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.03× · 95% wipeout 0.82×
- DLA PiperFirst linked Apr 2021 · Text search only · 1,185 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.17×
- Paul Weiss Rifkind Wharton & GarrisonFirst linked Apr 2021 · Text search only · 826 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.18× · 95% wipeout 0.81×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Simpson Thacher & Bartlett | Apr 2021 | Named in SEC correspondence | 1,397 | 1.27 | 0.11 | 0.88 |
| Latham & Watkins LLP | Sep 2020 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.08 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Sep 2020 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.82 |
| Gibson, Dunn & Crutcher LLP | Aug 2021 | Text search only | 1,125 | 1.23 | 0.20 | 0.95 |
| Cravath Swaine & Moore | Apr 2021 | Text search only | 839 | 1.29 | 0.03 | 0.82 |
| DLA Piper | Apr 2021 | Text search only | 1,185 | 1.00 | 0.45 | 1.17 |
| Paul Weiss Rifkind Wharton & Garrison | Apr 2021 | Text search only | 826 | 1.02 | 0.18 | 0.81 |
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.
- Jenna CooperLatham & Watkins LLPFirst linked Feb 2024 · Named in a filing · 18 linked companiesSEC/DOJ scrutiny 0.85× · Went dark 0.00× · 95% wipeout 1.17×
- Drew CapurroLatham & Watkins LLPFirst linked Apr 2021 · Named in SEC correspondence · 41 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 1.26×
- Jonathan CorsicoSimpson Thacher & BartlettFirst linked Apr 2021 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.92×
- Justin G. HamillLatham & Watkins LLPFirst linked Apr 2021 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 3.57× · Went dark 0.00× · 95% wipeout 2.74×
- Marisa D. StavenasSimpson Thacher & BartlettFirst linked Apr 2021 · Named in a filing · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.60×
- Michael WolfsonSimpson Thacher & BartlettFirst linked Apr 2021 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 1.66× · Went dark 0.00× · 95% wipeout 0.54×
- Jason M. LichtLatham & Watkins LLPFirst linked Sep 2020 · Named in SEC correspondence · 35 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.91×
- Patrick H. ShannonLatham & Watkins LLPFirst linked Sep 2020 · Named in SEC correspondence · 32 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.70×
- Ryan J. MaiersonLatham & Watkins LLPFirst linked Sep 2020 · Named in SEC correspondence · 135 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.00× · 95% wipeout 1.27×
- Josh DubofskyLatham & Watkins LLPFirst linked Apr 2021 · Text search only · 15 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.61×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jenna CooperLatham & Watkins LLP | Feb 2024 | Named in a filing | 18 | 0.85 | 0.00 | 1.17 |
| Drew CapurroLatham & Watkins LLP | Apr 2021 | Named in SEC correspondence | 41 | 1.05 | 0.00 | 1.26 |
| Jonathan CorsicoSimpson Thacher & Bartlett | Apr 2021 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 0.92 |
| Justin G. HamillLatham & Watkins LLP | Apr 2021 | Named in SEC correspondence | 20 | 3.57 | 0.00 | 2.74 |
| Marisa D. StavenasSimpson Thacher & Bartlett | Apr 2021 | Named in a filing | 13 | 0.00 | 0.00 | 0.60 |
| Michael WolfsonSimpson Thacher & Bartlett | Apr 2021 | Named in a filing | 9 | 1.66 | 0.00 | 0.54 |
| Jason M. LichtLatham & Watkins LLP | Sep 2020 | Named in SEC correspondence | 35 | 0.00 | 0.00 | 0.91 |
| Patrick H. ShannonLatham & Watkins LLP | Sep 2020 | Named in SEC correspondence | 32 | 0.00 | 0.00 | 1.70 |
| Ryan J. MaiersonLatham & Watkins LLP | Sep 2020 | Named in SEC correspondence | 135 | 1.27 | 0.00 | 1.27 |
| Josh DubofskyLatham & Watkins LLP | Apr 2021 | Text search only | 15 | 0.00 | 0.00 | 0.61 |