PHOTRONICS INC PLAB (last ticker on record)
CIK 810136Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
- 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
- 2
- Newest began Oct 2008
- Largest fall in its shares
- 98%
- Aug 2005 to Nov 2008
- Law firms
- 6
- 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)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Shares down 95% from their high
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.
- Shearman & SterlingFirst linked Feb 2002 · Named in SEC correspondence · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- O Melveny & Myers LLPFirst linked Nov 1999 · Named in a filing · 589 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.25× · 95% wipeout 1.07×
- Paul HastingsFirst linked Oct 1999 · Named in a filing · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- PEPE & HAZARDFirst linked May 1997 · Named in a filing · 16 linked companiesSEC/DOJ scrutiny 0.99× · Went dark 0.81× · 95% wipeout 1.90×
- Reid & Priest LLPFirst linked Mar 1995 · Named in SEC correspondence · 54 linked companiesSEC/DOJ scrutiny 1.38× · Went dark 0.67× · 95% wipeout 0.91×
- Davis PolkFirst linked Jun 2003 · Text search only · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Shearman & Sterling | Feb 2002 | Named in SEC correspondence | 2,649 | 1.21 | 0.13 | 0.87 |
| O Melveny & Myers LLP | Nov 1999 | Named in a filing | 589 | 1.07 | 0.25 | 1.07 |
| Paul Hastings | Oct 1999 | Named in a filing | 768 | 0.98 | 0.72 | 1.09 |
| PEPE & HAZARD | May 1997 | Named in a filing | 16 | 0.99 | 0.81 | 1.90 |
| Reid & Priest LLP | Mar 1995 | Named in SEC correspondence | 54 | 1.38 | 0.67 | 0.91 |
| Davis Polk | Jun 2003 | Text search only | 1,694 | 1.26 | 0.06 | 1.02 |
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.
- Danielle CarboneShearman & SterlingFirst linked Jun 2005 · Named in SEC correspondence · 26 linked companiesSEC/DOJ scrutiny 0.82× · Went dark 0.98× · 95% wipeout 2.58×
- JONATHAN JEWETTShearman & SterlingFirst linked Feb 2002 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 0.51× · Went dark 0.00× · 95% wipeout 2.10×
- Richard A. KrantzRobinson & Cole LLPFirst linked Mar 1995 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 1.19×
- Steven L. WassermanDLA PiperFirst linked Mar 1995 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 1.37× · Went dark 0.00× · 95% wipeout 1.95×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Danielle CarboneShearman & Sterling | Jun 2005 | Named in SEC correspondence | 26 | 0.82 | 0.98 | 2.58 |
| JONATHAN JEWETTShearman & Sterling | Feb 2002 | Named in a filing | 6 | 0.51 | 0.00 | 2.10 |
| Richard A. KrantzRobinson & Cole LLP | Mar 1995 | Named in SEC correspondence | 17 | 0.38 | 0.00 | 1.19 |
| Steven L. WassermanDLA Piper | Mar 1995 | Named in SEC correspondence | 9 | 1.37 | 0.00 | 1.95 |