Terran Orbital Corp LLAP (last ticker on record)

CIK 1835512Its SEC filings (opens in a new tab)

Restatement
Delisting notice (not a red flag)
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: 2; Newest began Aug 2024
Largest fall in its shares: 97%; Mar 2022 to Sep 2024
Law firms: 10; Linked to 5 or more companies
Lawyers: 12; Linked to 5 or more companies

What happened

Oct 30, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 26, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 13, 2024Shares down 95% from their high
Jun 21, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 20, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 23, 2021Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jun 1, 2021Delisting notice (Item 3.01)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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Goodwin Procter	Jul 2022	Named in a filing	1,221	0.79	0.31	1.17
Potter Anderson & Corroon	Jun 2022	Named in a filing	127	1.41	0.45	0.87
Akin Gump	Nov 2021	Named in SEC correspondence	582	1.24	0.52	1.25
Hogan Lovells US LLP	Nov 2021	Named in SEC correspondence	487	0.96	0.26	0.85
Kirkland & Ellis	Dec 2020	Named in SEC correspondence	1,686	0.98	0.17	0.87
Maples and Calder	Dec 2020	Named in a filing	1,144	0.95	0.26	0.92
Latham & Watkins LLP	Nov 2021	Text search only	2,667	0.98	0.31	1.10
Sullivan & Cromwell	Nov 2021	Text search only	1,047	1.40	0.15	0.69
Winston & Strawn	Nov 2021	Text search only	585	1.18	0.60	1.02
White & Case	Dec 2020	Text search only	907	1.04	0.33	0.91

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Richard B. AftanasSkadden, Arps, Slate, Meagher & Flom LLP	Sep 2024	Named in a filing	91	0.94	0.00	0.90
Jeffrey A. LetalienGoodwin Procter	Jul 2022	Named in a filing	27	0.99	0.00	1.20
Daniel ZimmermanCahill Gordon & Reindel	Jan 2022	Named in SEC correspondence	6	0.00	0.00	0.78
Rosa A. TestaniAkin Gump	Nov 2021	Named in SEC correspondence	29	0.96	0.00	0.60
Aaron M. SchleicherSullivan & Worcester LLP	Feb 2021	Named in SEC correspondence	22	1.60	0.00	1.25
Christian O. NaglerKirkland & Ellis	Dec 2020	Named in SEC correspondence	260	0.89	0.00	1.01
Peter S. SeligsonKirkland & Ellis	Dec 2020	Named in SEC correspondence	73	0.48	0.00	1.17
Haim ZaltzmanLatham & Watkins LLP	Nov 2021	Text search only	27	1.25	0.00	1.61
Jonathan L. DavisKirkland & Ellis	Nov 2021	Text search only	19	2.00	0.00	0.92
William I. IntnerHogan Lovells US LLP	Nov 2021	Text search only	31	0.58	0.00	1.15
Daniel E. NussenWhite & Case	Dec 2020	Text search only	63	1.12	0.00	1.06
Joel L. RubinsteinWhite & Case	Dec 2020	Text search only	195	0.74	0.55	1.03