DRI CORP TBUS (last ticker on record)
CIK 853695Its SEC filings (opens in a new tab)
- Restructuring
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
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 Mar 2012
- Largest fall in its shares
- 99%
- Apr 2004 to Apr 2012
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)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)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)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.
- Andrews Kurth LLPFirst linked Apr 2005 · Named in SEC correspondence · 398 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.35× · 95% wipeout 1.30×
- CARRINGTON COLEMAN SLOMAN & BLUMENTHALFirst linked Dec 2003 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 2.66× · Went dark 0.00× · 95% wipeout 2.40×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Andrews Kurth LLP | Apr 2005 | Named in SEC correspondence | 398 | 1.27 | 0.35 | 1.30 |
| CARRINGTON COLEMAN SLOMAN & BLUMENTHAL | Dec 2003 | Named in a filing | 7 | 2.66 | 0.00 | 2.40 |
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 |
|---|---|---|---|---|---|---|
| Quentin Collin FaustAndrews Kurth LLP | Apr 2005 | Named in SEC correspondence | 8 | 2.18 | 1.63 | 3.39 |