NESTOR INC NEST (last ticker on record)
CIK 720851Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- 95% wipeout
- Restructuring
- Bankruptcy
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 2009
- Largest fall in its shares
- 99%
- Dec 2004 to Jul 2009
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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.
- Partridge Snow & HahnFirst linked Jan 2004 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 1.56× · Went dark 0.00× · 95% wipeout 4.39×
- Baer Marks & UphamFirst linked May 1997 · Named in a filing · 27 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 1.31× · 95% wipeout 1.23×
- Loeb & Loeb LLPFirst linked Oct 2005 · Text search only · 838 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.99× · 95% wipeout 1.10×
- Hughes Hubbard & ReedFirst linked Jun 2001 · Text search only · 121 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.21× · 95% wipeout 1.26×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Partridge Snow & Hahn | Jan 2004 | Named in a filing | 5 | 1.56 | 0.00 | 4.39 |
| Baer Marks & Upham | May 1997 | Named in a filing | 27 | 0.89 | 1.31 | 1.23 |
| Loeb & Loeb LLP | Oct 2005 | Text search only | 838 | 0.92 | 0.99 | 1.10 |
| Hughes Hubbard & Reed | Jun 2001 | Text search only | 121 | 1.17 | 0.21 | 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.
- Margaret D. FarrellHinckley Allen & SnyderFirst linked Jul 2006 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 0.53× · Went dark 0.00× · 95% wipeout 0.45×
- JOEL M. HANDELBaer Marks & UphamFirst linked Jun 2001 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 1.93× · Went dark 0.00× · 95% wipeout 1.83×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Margaret D. FarrellHinckley Allen & Snyder | Jul 2006 | Named in a filing | 19 | 0.53 | 0.00 | 0.45 |
| JOEL M. HANDELBaer Marks & Upham | Jun 2001 | Named in a filing | 6 | 1.93 | 0.00 | 1.83 |