MGM Resorts International MGM (last ticker on record)

CIK 789570Its SEC filings (opens in a new tab)

95% wipeout
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: 2; Newest began May 2009
Largest fall in its shares: 97%; Oct 2007 to Mar 2009
Law firms: 17; Linked to 5 or more companies
Lawyers: 8; Linked to 5 or more companies

What happened

Jun 19, 2009Debt accelerated (Item 2.04)Form 8-K/A (opens in a new tab)
May 22, 2009Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Feb 17, 2009Shares down 95% from their high
Apr 28, 2005Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jan 11, 2005Debt accelerated (Item 2.04)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
Ice Miller	Apr 2024	Named in a filing	112	1.19	0.21	0.93
Taft Stettinius & Hollister	May 2020	Named in a filing	94	1.64	0.31	0.69
Brown Rudnick	Jun 2018	Named in a filing	137	0.84	0.90	0.97
Butler Snow	Aug 2016	Named in a filing	22	1.15	0.00	0.37
Fox Rothschild LLP	Aug 2016	Named in a filing	149	0.92	1.38	0.90
Milbank Tweed Hadley & McCloy	Mar 2012	Named in SEC correspondence	439	1.03	0.35	0.76
Weil, Gotshal & Manges LLP	Jul 2010	Named in SEC correspondence	1,051	1.31	0.27	0.91
Glaser, Weil, Fink, Jacobs, Howard & Shapiro, LLP	May 2009	Named in SEC correspondence	8	1.06	0.00	0.91
Paul Hastings	Aug 2007	Named in SEC correspondence	768	0.98	0.72	1.09
Christensen Glaser Fink Jacobs Weil & Shapiro	Jul 2006	Named in SEC correspondence	5	0.00	0.00	2.33
Lionel Sawyer & Collins	Oct 2000	Named in a filing	128	1.07	0.88	0.96
Gibson, Dunn & Crutcher LLP	Jul 1997	Named in a filing	1,125	1.23	0.20	0.96
CHRISTENSEN MILLER FINK JACOBS GLASER WEIL & SHAPIRO	Mar 1997	Named in SEC correspondence	21	0.29	0.00	1.05
Schulte Roth & Zabel	Mar 2015	Text search only	296	0.93	0.44	0.99
Shearman & Sterling	Mar 2013	Text search only	2,649	1.21	0.13	0.87
Snell & Wilmer	Jul 2008	Text search only	244	1.34	1.19	1.38
Cleary Gottlieb Steen & Hamilton	Sep 2007	Text search only	741	1.31	0.12	0.76

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
Sean FellerGibson, Dunn & Crutcher LLP	May 2022	Named in a filing	43	1.91	0.00	0.72
Rod MillerMilbank Tweed Hadley & McCloy	Jul 2010	Named in SEC correspondence	28	0.98	0.00	0.86
Michael L. ZupponePaul Hastings	Sep 2007	Named in SEC correspondence	20	0.42	0.00	0.96
Rob R. CarlsonPaul Hastings	Sep 2007	Named in SEC correspondence	8	0.00	0.00	1.47
Jonathan K. LayneGibson, Dunn & Crutcher LLP	Oct 2004	Named in a filing	15	0.77	1.83	0.74
Janet S. McCloudCHRISTENSEN MILLER FINK JACOBS GLASER WEIL & SHAPIRO	May 1996	Named in SEC correspondence	7	0.65	0.00	3.08
David E. RosewaterSchulte Roth & Zabel	Mar 2015	Text search only	10	0.78	1.73	1.29
Daniel S. SternbergCleary Gottlieb Steen & Hamilton	Sep 2007	Text search only	13	0.00	0.00	0.56