DAYTON SUPERIOR CORP DSUP (last ticker on record)
CIK 854709Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Bankruptcy
- 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
- 4
- Newest began Apr 2009
- Largest fall in its shares
- 99%
- Jun 2007 to Oct 2009
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (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)
- Exit or disposal costs (Item 2.05)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.
- Latham & Watkins LLPFirst linked Jul 2000 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Young Conaway Stargatt & TaylorFirst linked Sep 1999 · Named in a filing · 36 linked companiesSEC/DOJ scrutiny 1.50× · Went dark 0.00× · 95% wipeout 1.23×
- Thompson Hine LLPFirst linked Apr 1997 · Named in a filing · 208 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.64× · 95% wipeout 1.09×
- Cravath Swaine & MooreFirst linked May 1996 · Named in SEC correspondence · 839 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.03× · 95% wipeout 0.85×
- Armstrong TeasdaleFirst linked Feb 2004 · Text search only · 64 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.00× · 95% wipeout 1.51×
- Balch & BinghamFirst linked Feb 2004 · Text search only · 42 linked companiesSEC/DOJ scrutiny 1.59× · Went dark 0.55× · 95% wipeout 1.12×
- Husch BlackwellFirst linked Jul 2003 · Text search only · 154 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 1.03× · 95% wipeout 1.18×
- White & CaseFirst linked Jul 2003 · Text search only · 907 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.33× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Latham & Watkins LLP | Jul 2000 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Young Conaway Stargatt & Taylor | Sep 1999 | Named in a filing | 36 | 1.50 | 0.00 | 1.23 |
| Thompson Hine LLP | Apr 1997 | Named in a filing | 208 | 0.95 | 0.64 | 1.09 |
| Cravath Swaine & Moore | May 1996 | Named in SEC correspondence | 839 | 1.29 | 0.03 | 0.85 |
| Armstrong Teasdale | Feb 2004 | Text search only | 64 | 1.00 | 0.00 | 1.51 |
| Balch & Bingham | Feb 2004 | Text search only | 42 | 1.59 | 0.55 | 1.12 |
| Husch Blackwell | Jul 2003 | Text search only | 154 | 1.00 | 1.03 | 1.18 |
| White & Case | Jul 2003 | Text search only | 907 | 1.04 | 0.33 | 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.
- Kirk A. DavenportLatham & Watkins LLPFirst linked Jul 2000 · Named in SEC correspondence · 52 linked companiesSEC/DOJ scrutiny 0.77× · Went dark 0.00× · 95% wipeout 0.80×
- David A. NeuhardtThompson Hine LLPFirst linked Oct 1997 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.87×
- Peter S. WilsonCravath Swaine & MooreFirst linked May 1996 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.55× · Went dark 0.00× · 95% wipeout 0.86×
- Howard A. SobelLatham & Watkins LLPFirst linked Dec 2006 · Text search only · 33 linked companiesSEC/DOJ scrutiny 0.33× · Went dark 0.00× · 95% wipeout 1.42×
- John GiouroukakisLatham & Watkins LLPFirst linked Dec 2006 · Text search only · 13 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 3.72×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Kirk A. DavenportLatham & Watkins LLP | Jul 2000 | Named in SEC correspondence | 52 | 0.77 | 0.00 | 0.80 |
| David A. NeuhardtThompson Hine LLP | Oct 1997 | Named in a filing | 7 | 0.00 | 0.00 | 1.87 |
| Peter S. WilsonCravath Swaine & Moore | May 1996 | Named in SEC correspondence | 10 | 0.55 | 0.00 | 0.86 |
| Howard A. SobelLatham & Watkins LLP | Dec 2006 | Text search only | 33 | 0.33 | 0.00 | 1.42 |
| John GiouroukakisLatham & Watkins LLP | Dec 2006 | Text search only | 13 | 0.00 | 0.00 | 3.72 |