EDUCATION MANAGEMENT Corp EDMC (last ticker on record)
CIK 880059Its SEC filings (opens in a new tab)
- Restructuring
- SEC/DOJ scrutiny
- 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
- 3
- Newest began Jul 2014
- Largest fall in its shares
- 99%
- Dec 2011 to Dec 2014
- Law firms
- 16
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- 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
- A filing mentions an SEC subpoenaForm 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-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.
- Wachtell Lipton Rosen & KatzFirst linked Sep 2014 · Named in a filing · 889 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.07× · 95% wipeout 0.59×
- Barnes & ThornburgFirst linked Jul 2013 · Named in a filing · 167 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.70× · 95% wipeout 0.86×
- Waller Lansden Dortch & DavisFirst linked Jul 2013 · Named in a filing · 76 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.65× · 95% wipeout 1.20×
- Morgan LewisFirst linked Aug 2012 · Named in a filing · 1,028 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.31× · 95% wipeout 1.02×
- K&L GatesFirst linked Aug 1996 · Named in SEC correspondence · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.18×
- Jones DayFirst linked Jul 2013 · Text search only · 686 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.54× · 95% wipeout 1.12×
- Shearman & SterlingFirst linked Jul 2013 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- Snell & WilmerFirst linked Sep 2009 · Text search only · 244 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.19× · 95% wipeout 1.38×
- Benesch Friedlander Coplan & AronoffFirst linked Aug 2009 · Text search only · 55 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.31×
- Fried FrankFirst linked Apr 2009 · Text search only · 540 linked companiesSEC/DOJ scrutiny 1.33× · Went dark 0.24× · 95% wipeout 0.94×
- Goodwin ProcterFirst linked Apr 2009 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Proskauer RoseFirst linked Apr 2009 · Text search only · 492 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.48× · 95% wipeout 1.08×
- Ropes & GrayFirst linked Apr 2009 · Text search only · 914 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.14× · 95% wipeout 0.92×
- Weil, Gotshal & Manges LLPFirst linked Apr 2009 · Text search only · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
- Cravath Swaine & MooreFirst linked Dec 2007 · Text search only · 839 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 0.03× · 95% wipeout 0.85×
- Preston Gates & EllisFirst linked Dec 2007 · Text search only · 159 linked companiesSEC/DOJ scrutiny 1.36× · Went dark 1.62× · 95% wipeout 1.44×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Wachtell Lipton Rosen & Katz | Sep 2014 | Named in a filing | 889 | 1.31 | 0.07 | 0.59 |
| Barnes & Thornburg | Jul 2013 | Named in a filing | 167 | 1.07 | 0.70 | 0.86 |
| Waller Lansden Dortch & Davis | Jul 2013 | Named in a filing | 76 | 1.06 | 0.65 | 1.20 |
| Morgan Lewis | Aug 2012 | Named in a filing | 1,028 | 1.18 | 0.31 | 1.02 |
| K&L Gates | Aug 1996 | Named in SEC correspondence | 723 | 1.06 | 1.35 | 1.18 |
| Jones Day | Jul 2013 | Text search only | 686 | 1.25 | 0.54 | 1.12 |
| Shearman & Sterling | Jul 2013 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
| Snell & Wilmer | Sep 2009 | Text search only | 244 | 1.34 | 1.19 | 1.38 |
| Benesch Friedlander Coplan & Aronoff | Aug 2009 | Text search only | 55 | 1.15 | 0.77 | 1.31 |
| Fried Frank | Apr 2009 | Text search only | 540 | 1.33 | 0.24 | 0.94 |
| Goodwin Procter | Apr 2009 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
| Proskauer Rose | Apr 2009 | Text search only | 492 | 1.15 | 0.48 | 1.08 |
| Ropes & Gray | Apr 2009 | Text search only | 914 | 0.98 | 0.14 | 0.92 |
| Weil, Gotshal & Manges LLP | Apr 2009 | Text search only | 1,051 | 1.31 | 0.27 | 0.91 |
| Cravath Swaine & Moore | Dec 2007 | Text search only | 839 | 1.29 | 0.03 | 0.85 |
| Preston Gates & Ellis | Dec 2007 | Text search only | 159 | 1.36 | 1.62 | 1.44 |
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.
- David E. ShapiroWachtell Lipton Rosen & KatzFirst linked Sep 2014 · Named in a filing · 56 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.00× · 95% wipeout 0.54×
- Kimberly A. TaylorMorgan LewisFirst linked Aug 2012 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 1.48× · Went dark 0.00× · 95% wipeout 3.06×
- Jeffrey W. AcreK&L GatesFirst linked Dec 2007 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 0.00× · 95% wipeout 1.11×
- Ronald D. WestK&L GatesFirst linked Dec 2007 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.00× · 95% wipeout 4.39×
- Michael C. McLeanK&L GatesFirst linked Oct 2001 · Named in a filing · 11 linked companiesSEC/DOJ scrutiny 2.38× · Went dark 0.00× · 95% wipeout 1.64×
- Linda E. RansomDewey BallantineFirst linked Apr 2009 · Text search only · 6 linked companiesSEC/DOJ scrutiny 3.42× · Went dark 0.00× · 95% wipeout 1.79×
- Philip RichterFried FrankFirst linked Apr 2009 · Text search only · 44 linked companiesSEC/DOJ scrutiny 1.54× · Went dark 0.00× · 95% wipeout 1.65×
- Robert C. SchwenkelFried FrankFirst linked Apr 2009 · Text search only · 25 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 0.00× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David E. ShapiroWachtell Lipton Rosen & Katz | Sep 2014 | Named in a filing | 56 | 0.95 | 0.00 | 0.54 |
| Kimberly A. TaylorMorgan Lewis | Aug 2012 | Named in a filing | 7 | 1.48 | 0.00 | 3.06 |
| Jeffrey W. AcreK&L Gates | Dec 2007 | Named in a filing | 20 | 1.10 | 0.00 | 1.11 |
| Ronald D. WestK&L Gates | Dec 2007 | Named in SEC correspondence | 8 | 1.14 | 0.00 | 4.39 |
| Michael C. McLeanK&L Gates | Oct 2001 | Named in a filing | 11 | 2.38 | 0.00 | 1.64 |
| Linda E. RansomDewey Ballantine | Apr 2009 | Text search only | 6 | 3.42 | 0.00 | 1.79 |
| Philip RichterFried Frank | Apr 2009 | Text search only | 44 | 1.54 | 0.00 | 1.65 |
| Robert C. SchwenkelFried Frank | Apr 2009 | Text search only | 25 | 1.16 | 0.00 | 1.25 |