Legacy EJY, Inc. ENJY (last ticker on record)
CIK 1830180Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
- 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
- 4
- Newest began Jun 2022
- Largest fall in its shares
- 99%
- Oct 2021 to Aug 2022
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)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)
- 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.
- Cooley LLPFirst linked May 2021 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Weil, Gotshal & Manges LLPFirst linked Nov 2020 · Named in SEC correspondence · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked May 2021 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Stikeman ElliottFirst linked May 2021 · Text search only · 225 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.11× · 95% wipeout 1.06×
- Cleary Gottlieb Steen & HamiltonFirst linked Nov 2020 · Text search only · 741 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.12× · 95% wipeout 0.76×
- Maples and CalderFirst linked Nov 2020 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
- Schiff HardinFirst linked Nov 2020 · Text search only · 184 linked companiesSEC/DOJ scrutiny 0.78× · Went dark 0.85× · 95% wipeout 1.26×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | May 2021 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Weil, Gotshal & Manges LLP | Nov 2020 | Named in SEC correspondence | 1,051 | 1.31 | 0.27 | 0.91 |
| Skadden, Arps, Slate, Meagher & Flom LLP | May 2021 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
| Stikeman Elliott | May 2021 | Text search only | 225 | 1.08 | 0.11 | 1.06 |
| Cleary Gottlieb Steen & Hamilton | Nov 2020 | Text search only | 741 | 1.31 | 0.12 | 0.76 |
| Maples and Calder | Nov 2020 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
| Schiff Hardin | Nov 2020 | Text search only | 184 | 0.78 | 0.85 | 1.26 |
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.
- Su Lian LuCooley LLPFirst linked Mar 2022 · Named in a filing · 11 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.16×
- David PeinsippCooley LLPFirst linked Oct 2021 · Named in a filing · 86 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.00× · 95% wipeout 1.55×
- David R. AmblerCooley LLPFirst linked May 2021 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 0.00× · 95% wipeout 1.82×
- Jaclyn L. CohenWeil, Gotshal & Manges LLPFirst linked May 2021 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.00× · 95% wipeout 1.39×
- Rachel ProffittCooley LLPFirst linked May 2021 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.17×
- Alexander D. LynchWeil, Gotshal & Manges LLPFirst linked Nov 2020 · Named in SEC correspondence · 115 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.33× · 95% wipeout 1.45×
- Jackie CohenWeil, Gotshal & Manges LLPFirst linked May 2021 · Text search only · 15 linked companiesSEC/DOJ scrutiny 0.56× · Went dark 0.00× · 95% wipeout 1.74×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Su Lian LuCooley LLP | Mar 2022 | Named in a filing | 11 | 0.00 | 0.00 | 1.16 |
| David PeinsippCooley LLP | Oct 2021 | Named in a filing | 86 | 1.13 | 0.00 | 1.55 |
| David R. AmblerCooley LLP | May 2021 | Named in a filing | 10 | 1.02 | 0.00 | 1.82 |
| Jaclyn L. CohenWeil, Gotshal & Manges LLP | May 2021 | Named in SEC correspondence | 16 | 1.30 | 0.00 | 1.39 |
| Rachel ProffittCooley LLP | May 2021 | Named in SEC correspondence | 16 | 0.00 | 0.00 | 2.17 |
| Alexander D. LynchWeil, Gotshal & Manges LLP | Nov 2020 | Named in SEC correspondence | 115 | 1.18 | 0.33 | 1.45 |
| Jackie CohenWeil, Gotshal & Manges LLP | May 2021 | Text search only | 15 | 0.56 | 0.00 | 1.74 |