DELCATH SYSTEMS, INC. DCTH (last ticker on record)

CIK 872912Its 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 Apr 2019
Largest fall in its shares: 99%; Oct 2001 to Jul 2019
Law firms: 16; Linked to 5 or more companies
Lawyers: 15; Linked to 5 or more companies

What happened

Jul 9, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 29, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 28, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 16, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 2, 2019Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Apr 19, 2019Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Oct 17, 2018Shares down 95% from their high
Feb 15, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 14, 2017Shares down 95% from their high
Feb 10, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 14, 2015Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 12, 2013Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 18, 2013Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 17, 2007Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 4, 2007Delisting 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Cooley LLP	Sep 2022	Named in SEC correspondence	1,634	0.71	0.44	1.24
McCarter & English	Aug 2019	Named in SEC correspondence	141	1.18	0.69	0.78
Wexler, Burkhart, Hirschberg & Unger, LLP	Oct 2017	Named in a filing	6	1.38	3.33	2.31
Morgan Lewis	Jun 2015	Named in SEC correspondence	1,028	1.18	0.31	1.02
Bond Schoeneck & King	May 2010	Named in a filing	29	0.59	0.00	0.67
Skadden, Arps, Slate, Meagher & Flom LLP	Mar 2010	Named in SEC correspondence	2,607	1.15	0.19	0.85
Hughes Hubbard & Reed	Apr 2009	Named in a filing	121	1.17	0.21	1.26
Lowenstein Sandler	Jul 2008	Named in SEC correspondence	297	1.12	0.70	1.42
Gersten Savage LLP	May 2007	Named in a filing	137	1.20	1.38	1.22
Gibson, Dunn & Crutcher LLP	Aug 2006	Named in SEC correspondence	1,125	1.23	0.20	0.96
Murtha Cullina	Apr 2004	Named in a filing	36	1.26	0.89	1.26
Cummings & Lockwood	Dec 2002	Named in a filing	29	1.07	0.49	2.03
Morse, Zelnick, Rose & Lander, LLP	Jun 2000	Named in a filing	56	0.85	0.52	1.80
Greenberg Traurig	Mar 2013	Text search only	1,223	1.01	1.03	1.10
Latham & Watkins LLP	Mar 2013	Text search only	2,667	0.98	0.31	1.10
LeClairRyan A Professional Corporation	Mar 2013	Text search only	93	0.77	0.42	1.10

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
Christina T. RoupasCooley LLP	Jun 2023	Named in SEC correspondence	25	0.00	0.00	1.70
Ryan SansomCooley LLP	Sep 2022	Named in SEC correspondence	40	0.00	0.00	0.93
Veronica MontagnaMcCarter & English	Dec 2020	Named in SEC correspondence	5	0.00	0.00	1.78
John D. HogoboomLowenstein Sandler	Dec 2019	Named in SEC correspondence	49	0.59	1.07	1.17
Michele F. VaillantMcCarter & English	Aug 2019	Named in SEC correspondence	9	1.04	0.00	0.68
Jolie KahnWexler, Burkhart, Hirschberg & Unger, LLP	Oct 2017	Named in SEC correspondence	24	2.43	2.08	1.82
Jeffrey A. LetalienGoodwin Procter	Apr 2017	Named in SEC correspondence	27	0.99	0.00	1.20
Steven A. NavarroMorgan Lewis	Jun 2015	Named in SEC correspondence	6	0.00	0.00	0.99
Andrea L. NicolasSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2010	Named in SEC correspondence	33	1.41	0.00	1.43
Gary J. SimonHughes Hubbard & Reed	Apr 2009	Named in a filing	38	0.48	0.00	1.14
Arthur S. MarcusSichenzia Ross Ference LLP	May 2007	Named in a filing	75	1.11	0.73	1.39
Jaclyn AmselGersten Savage LLP	May 2007	Named in a filing	7	0.00	1.14	3.45
Paul G. HughesCummings & Lockwood	Dec 2002	Named in a filing	10	0.68	0.00	1.27
Stephen A. ZelnickMorse, Zelnick, Rose & Lander, LLP	Jun 2000	Named in a filing	17	0.44	0.70	1.97
Jack HogoboomLowenstein Sandler	Apr 2020	Text search only	6	0.00	0.00	0.00