Applied Minerals, Inc. AMNL (last ticker on record)
CIK 8328Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- Restatement
- 95% wipeout
- Restructuring
- Went dark (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
- 4
- Newest began May 2023
- Largest fall in its shares
- 99%
- Jul 2011 to Mar 2023
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- SEC administrative actionSEC order (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (opens in a new tab)
- A filing mentions a Wells noticeForm 10-Q (opens in a new tab)
- A filing mentions a formal order of investigationForm 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)
- 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.
- K&L GatesFirst linked Dec 2009 · Named in SEC correspondence · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- POLLET, RICHARDSON & PATELFirst linked May 2002 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 2.39× · 95% wipeout 1.34×
- Richardson & Patel LLPFirst linked May 2002 · Named in a filing · 215 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 1.41× · 95% wipeout 1.28×
- POLLET & RICHARDSON, A LAW CORPORATIONFirst linked Nov 2001 · Named in a filing · 15 linked companiesSEC/DOJ scrutiny 1.63× · Went dark 2.40× · 95% wipeout 1.33×
- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Jul 2018 · Text search only · 567 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.60× · 95% wipeout 1.20×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Dec 2009 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Weil, Gotshal & Manges LLPFirst linked Dec 2009 · Text search only · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| K&L Gates | Dec 2009 | Named in SEC correspondence | 723 | 1.06 | 1.35 | 1.18 |
| POLLET, RICHARDSON & PATEL | May 2002 | Named in a filing | 10 | 1.78 | 2.39 | 1.34 |
| Richardson & Patel LLP | May 2002 | Named in a filing | 215 | 1.07 | 1.41 | 1.28 |
| POLLET & RICHARDSON, A LAW CORPORATION | Nov 2001 | Named in a filing | 15 | 1.63 | 2.40 | 1.33 |
| Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Jul 2018 | Text search only | 567 | 0.92 | 0.60 | 1.20 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Dec 2009 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
| Weil, Gotshal & Manges LLP | Dec 2009 | Text search only | 1,051 | 1.31 | 0.27 | 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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Nimish PatelRichardson & Patel LLP | May 2002 | Text search only | 39 | 1.15 | 1.05 | 1.48 |