OVERSEAS SHIPHOLDING GROUP INC OSG (last ticker on record)

CIK 75208Its SEC filings (opens in a new tab)

Restatement
Bankruptcy
Restructuring
Delisting notice (not a red flag)
SEC/DOJ scrutiny
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: 5; Newest began Dec 2018
Largest fall in its shares: 95%; Mar 2014 to May 2019
Law firms: 13; Linked to 5 or more companies
Lawyers: 11; Linked to 5 or more companies

What happened

Dec 20, 2018Shares down 95% from their high
Jan 23, 2017SEC administrative proceedingSEC order (opens in a new tab)
Jan 23, 2017SEC enforcement releaseSEC release (opens in a new tab)
Jan 23, 2017An SEC release names it, an officer or its stockSEC release (opens in a new tab)
Aug 9, 2016A filing mentions a Wells noticeForm 10-Q (opens in a new tab)
Jun 23, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 7, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 4, 2014A filing mentions cooperating with the Justice DepartmentForm 10-Q (opens in a new tab)
Jan 13, 2014Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 15, 2012Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Nov 15, 2012Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 15, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 22, 2012Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Oct 30, 2003A filing mentions a grand jury subpoenaForm 10-Q (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
Fried Frank	Jun 2024	Named in a filing	540	1.33	0.24	0.94
Gunster Yoakley & Stewart	Mar 2020	Named in a filing	45	1.42	0.39	0.36
Baker & McKenzie	Jun 2017	Named in a filing	587	1.07	0.72	1.00
Gibson, Dunn & Crutcher LLP	Aug 2014	Named in SEC correspondence	1,125	1.23	0.20	0.96
Cleary Gottlieb Steen & Hamilton	Nov 2012	Named in SEC correspondence	741	1.31	0.12	0.76
Patton Boggs	Apr 2007	Named in SEC correspondence	186	0.92	0.76	1.35
Simpson Thacher & Bartlett	Jul 2003	Named in SEC correspondence	1,396	1.28	0.11	0.92
Proskauer Rose	Jan 1994	Named in SEC correspondence	492	1.15	0.48	1.08
Latham & Watkins LLP	Aug 2014	Text search only	2,667	0.98	0.31	1.10
Morris Nichols Arsht & Tunnell	Aug 2014	Text search only	256	1.51	0.21	0.89
Stradley Ronon Stevens & Young	Aug 2014	Text search only	97	0.77	0.18	0.79
Watson Farley & Williams	Aug 2014	Text search only	93	0.59	0.32	1.37
White & Case	Aug 2014	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
Philip RichterFried Frank	Jun 2024	Named in a filing	44	1.54	0.00	1.65
Robert B. LammGunster Yoakley & Stewart	Mar 2020	Named in a filing	6	0.00	0.00	0.62
Christopher M. BartoliBaker & McKenzie	Jun 2017	Named in a filing	21	0.69	0.00	1.40
J. Alan BannisterGibson, Dunn & Crutcher LLP	Aug 2014	Named in SEC correspondence	11	3.20	0.00	0.97
Alan L. BellerCleary Gottlieb Steen & Hamilton	Nov 2012	Named in SEC correspondence	14	2.73	0.00	1.64
Jeffrey D. KarpfCleary Gottlieb Steen & Hamilton	Nov 2012	Named in SEC correspondence	35	2.58	0.00	1.42
Frank J. LopezProskauer Rose	Mar 2010	Named in SEC correspondence	17	1.42	0.00	1.30
Gary L. SellersSimpson Thacher & Bartlett	Nov 2009	Named in SEC correspondence	18	1.89	0.00	1.73
Peter G. SamuelsProskauer Rose	Nov 2007	Named in SEC correspondence	10	1.19	0.00	1.54
Henry O. Smith IIIProskauer Rose	Jun 2001	Named in a filing	13	1.06	3.48	3.01
John T. GaffneyCravath Swaine & Moore	Jun 2001	Named in SEC correspondence	32	1.47	0.00	0.66