PRESIDENTIAL LIFE CORP PLFE (last ticker on record)
CIK 80124Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
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
- 1
- Newest began Mar 2011
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- 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.
- Sidley AustinFirst linked Dec 2012 · Named in a filing · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Proskauer RoseFirst linked Nov 2009 · Named in SEC correspondence · 492 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.48× · 95% wipeout 1.08×
- Willkie FarrFirst linked Sep 1998 · Named in a filing · 539 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.40× · 95% wipeout 0.84×
- Orrick, Herrington & Sutcliffe LLPFirst linked Dec 2009 · Text search only · 500 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.61× · 95% wipeout 1.08×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Nov 2009 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sidley Austin | Dec 2012 | Named in a filing | 1,210 | 1.30 | 0.14 | 0.93 |
| Proskauer Rose | Nov 2009 | Named in SEC correspondence | 492 | 1.15 | 0.48 | 1.08 |
| Willkie Farr | Sep 1998 | Named in a filing | 539 | 1.23 | 0.40 | 0.84 |
| Orrick, Herrington & Sutcliffe LLP | Dec 2009 | Text search only | 500 | 1.12 | 0.61 | 1.08 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Nov 2009 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
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.
- Gabriel SaltarelliSidley AustinFirst linked Dec 2012 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 3.61× · Went dark 0.00× · 95% wipeout 0.00×
- Julie M. AllenProskauer RoseFirst linked Nov 2009 · Named in SEC correspondence · 41 linked companiesSEC/DOJ scrutiny 1.49× · Went dark 0.50× · 95% wipeout 1.38×
- Gary J. SimonHughes Hubbard & ReedFirst linked Jul 2010 · Text search only · 38 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.14×
- Daniel E. StollerSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Feb 2009 · Text search only · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 3.80×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Gabriel SaltarelliSidley Austin | Dec 2012 | Named in a filing | 7 | 3.61 | 0.00 | 0.00 |
| Julie M. AllenProskauer Rose | Nov 2009 | Named in SEC correspondence | 41 | 1.49 | 0.50 | 1.38 |
| Gary J. SimonHughes Hubbard & Reed | Jul 2010 | Text search only | 38 | 0.48 | 0.00 | 1.14 |
| Daniel E. StollerSkadden, Arps, Slate, Meagher & Flom LLP | Feb 2009 | Text search only | 7 | 0.00 | 0.00 | 3.80 |