ASENSUS SURGICAL, INC. ASXC (last ticker on record)
CIK 876378Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- 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 Oct 2023
- Largest fall in its shares
- 99%
- Mar 2014 to Mar 2020
- Law firms
- 5
- 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)
- Shares down 95% from their high
- 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)
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.
- Ballard SpahrFirst linked Jan 2014 · Named in SEC correspondence · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
- Wilson Sonsini Goodrich & RosatiFirst linked Sep 2013 · Named in a filing · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Greenberg TraurigFirst linked Mar 2009 · Named in SEC correspondence · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Jenkens & GilchristFirst linked Jul 1996 · Named in SEC correspondence · 279 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.71× · 95% wipeout 1.11×
- Duane MorrisFirst linked Mar 2022 · Text search only · 413 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 1.28× · 95% wipeout 1.06×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Ballard Spahr | Jan 2014 | Named in SEC correspondence | 492 | 1.23 | 1.06 | 0.73 |
| Wilson Sonsini Goodrich & Rosati | Sep 2013 | Named in a filing | 1,468 | 1.09 | 0.60 | 1.42 |
| Greenberg Traurig | Mar 2009 | Named in SEC correspondence | 1,223 | 1.01 | 1.03 | 1.10 |
| Jenkens & Gilchrist | Jul 1996 | Named in SEC correspondence | 279 | 1.12 | 0.71 | 1.11 |
| Duane Morris | Mar 2022 | Text search only | 413 | 0.76 | 1.28 | 1.06 |
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.
- Mary J. MullanyBallard SpahrFirst linked Mar 2014 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 1.62× · Went dark 0.00× · 95% wipeout 1.77×
- Philip H. OettingerWilson Sonsini Goodrich & RosatiFirst linked Sep 2013 · Named in a filing · 24 linked companiesSEC/DOJ scrutiny 0.47× · Went dark 1.05× · 95% wipeout 1.41×
- Robert L. GrossmanGreenberg TraurigFirst linked Mar 2009 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 0.77× · Went dark 0.00× · 95% wipeout 1.39×
- Michael J. ShefJenkens & GilchristFirst linked Aug 2000 · Named in a filing · 10 linked companiesSEC/DOJ scrutiny 0.84× · Went dark 0.00× · 95% wipeout 1.43×
- EDWARD R. MANDELLJenkens & GilchristFirst linked Jul 1996 · Named in SEC correspondence · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.22×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Mary J. MullanyBallard Spahr | Mar 2014 | Named in SEC correspondence | 7 | 1.62 | 0.00 | 1.77 |
| Philip H. OettingerWilson Sonsini Goodrich & Rosati | Sep 2013 | Named in a filing | 24 | 0.47 | 1.05 | 1.41 |
| Robert L. GrossmanGreenberg Traurig | Mar 2009 | Named in SEC correspondence | 29 | 0.77 | 0.00 | 1.39 |
| Michael J. ShefJenkens & Gilchrist | Aug 2000 | Named in a filing | 10 | 0.84 | 0.00 | 1.43 |
| EDWARD R. MANDELLJenkens & Gilchrist | Jul 1996 | Named in SEC correspondence | 7 | 0.00 | 0.00 | 1.22 |