WEST COAST BANCORP /NEW WCBO (last ticker on record)
CIK 717059Its SEC filings (opens in a new tab)
- Restatement
- 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 Feb 2009
- Largest fall in its shares
- 96%
- Dec 2006 to Mar 2009
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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.
- Wachtell Lipton Rosen & KatzFirst linked Nov 2009 · Named in SEC correspondence · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Miller Nash LLPFirst linked Apr 2000 · Named in a filing · 41 linked companiesSEC/DOJ scrutiny 0.43× · Went dark 0.00× · 95% wipeout 0.90×
- Graham & Dunn PCFirst linked Mar 1996 · Named in SEC correspondence · 30 linked companiesSEC/DOJ scrutiny 0.32× · Went dark 1.36× · 95% wipeout 1.66×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Wachtell Lipton Rosen & Katz | Nov 2009 | Named in SEC correspondence | 889 | 1.31 | 0.07 | 0.59 |
| Miller Nash LLP | Apr 2000 | Named in a filing | 41 | 0.43 | 0.00 | 0.90 |
| Graham & Dunn PC | Mar 1996 | Named in SEC correspondence | 30 | 0.32 | 1.36 | 1.66 |
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.
- Matthew M. GuestWachtell Lipton Rosen & KatzFirst linked Nov 2009 · Named in SEC correspondence · 67 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.00× · 95% wipeout 0.50×
- David G. PostMiller Nash LLPFirst linked Mar 2006 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.83×
- Mary Ann FrantzMiller Nash LLPFirst linked Mar 2006 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 0.70× · Went dark 0.00× · 95% wipeout 0.96×
- STEPHEN M. KLEINGraham & Dunn PCFirst linked Apr 1996 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.34× · 95% wipeout 2.04×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Matthew M. GuestWachtell Lipton Rosen & Katz | Nov 2009 | Named in SEC correspondence | 67 | 1.18 | 0.00 | 0.50 |
| David G. PostMiller Nash LLP | Mar 2006 | Named in a filing | 10 | 0.00 | 0.00 | 0.83 |
| Mary Ann FrantzMiller Nash LLP | Mar 2006 | Named in a filing | 21 | 0.70 | 0.00 | 0.96 |
| STEPHEN M. KLEINGraham & Dunn PC | Apr 1996 | Named in SEC correspondence | 17 | 0.00 | 1.34 | 2.04 |