Emmaus Life Sciences, Inc. EMMA (last ticker on record)

CIK 822370Its SEC filings (opens in a new tab)

Delisting notice (not a red flag)
Restatement
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: 2; Newest began May 2022
Largest fall in its shares: 99%; Jul 2019 to Jul 2024
Law firms: 9; Linked to 5 or more companies
Lawyers: 23; Linked to 5 or more companies

What happened

May 10, 2022Shares down 95% from their high
Aug 10, 2021Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jul 8, 2020Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Sep 10, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 22, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 22, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 23, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 30, 2017Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Gibson, Dunn & Crutcher LLP	Oct 2019	Named in a filing	1,125	1.23	0.20	0.96
Dentons US LLP	May 2013	Named in SEC correspondence	102	0.91	0.40	1.48
SNR Denton US LLP	Nov 2010	Named in SEC correspondence	28	0.29	0.00	1.92
Sonnenschein Nath & Rosenthal	Sep 2009	Named in SEC correspondence	160	1.08	0.56	1.23
Stubbs Alderton & Markiles, LLP	May 2007	Named in SEC correspondence	45	1.40	0.86	0.94
Squire Sanders (US)	May 2003	Named in a filing	199	0.88	0.98	1.13
Akin Gump	Feb 2010	Text search only	582	1.24	0.52	1.25
The Yocca Law Firm	Jul 2009	Text search only	5	2.00	2.39	0.81
Richardson & Patel LLP	Jul 2006	Text search only	215	1.07	1.41	1.28

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
Greg CarneySheppard Mullin	May 2019	Named in SEC correspondence	33	1.41	0.46	1.19
Ilan KatzDentons US LLP	Feb 2019	Named in a filing	14	0.90	0.00	1.37
Richard A. FriedmanSichenzia Ross Ference LLP	Jun 2017	Named in a filing	190	1.27	1.93	1.29
Stephen A. CohenSheppard Mullin	Jun 2017	Named in a filing	36	2.07	3.49	1.79
Martin P. DunnO Melveny & Myers LLP	Jan 2017	Named in SEC correspondence	16	1.57	0.00	1.26
Richard RaymerDorsey & Whitney LLP	May 2011	Named in a filing	30	0.45	2.00	1.32
Roland S. ChaseSNR Denton US LLP	Nov 2010	Named in SEC correspondence	14	0.00	0.00	1.20
Jeffrey A. BaumelDentons US LLP	Apr 2010	Named in SEC correspondence	31	1.03	0.41	1.33
Jonathan L. FriedmanSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2010	Named in SEC correspondence	57	1.08	0.00	0.58
Thomas L. HanleyStradley Ronon Stevens & Young	Sep 2009	Named in SEC correspondence	26	0.98	1.65	0.49
Scott AldertonTroop Meisinger Steuber & Pasich, LLP	May 2007	Named in SEC correspondence	11	0.00	0.82	0.55
Nicholas J. YoccaThe Yocca Law Firm	Jun 2009	Text search only	7	2.71	1.59	1.40
Greg AkselrudStubbs Alderton & Markiles, LLP	May 2007	Text search only	9	2.57	1.44	1.68
John J. McIlveryStubbs Alderton & Markiles, LLP	May 2007	Text search only	23	0.85	0.55	0.51
Joseph Stubbs	May 2007	Text search only	9	2.61	0.85	0.59
Kevin FriedmannRichardson & Patel LLP	May 2007	Text search only	33	1.80	1.73	2.22
Lisa KleinRichardson & Patel LLP	May 2007	Text search only	6	0.00	1.24	1.45
Nimish PatelRichardson & Patel LLP	May 2007	Text search only	39	1.15	1.05	1.48
Peter HoganRichardson & Patel LLP	May 2007	Text search only	36	1.87	1.30	1.41
Ryan AzleinStubbs Alderton & Markiles, LLP	May 2007	Text search only	9	0.00	2.23	1.16
Scott GalerStubbs Alderton & Markiles, LLP	May 2007	Text search only	12	2.66	0.00	1.39
V. Joseph StubbsStubbs Alderton & Markiles, LLP	May 2007	Text search only	14	1.75	1.08	0.73
Kevin K. LeungRichardson & Patel LLP	Jan 2007	Text search only	34	0.52	0.97	1.49