SUPERIOR ENERGY SERVICES INC SPNX (last ticker on record)

CIK 886835Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
Restructuring
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: 3; Newest began Dec 2020
Largest fall in its shares: 99%; Jun 2008 to Oct 2020
Law firms: 8; Linked to 5 or more companies
Lawyers: 12; Linked to 5 or more companies

What happened

Jan 20, 2021Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Dec 7, 2020Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Dec 7, 2020Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Sep 18, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 31, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 16, 2019Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Sep 30, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 12, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 14, 2019Shares down 95% from their high

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
Akin Gump	Dec 2024	Named in SEC correspondence	582	1.24	0.52	1.25
Latham & Watkins LLP	Nov 2011	Named in a filing	2,667	0.98	0.31	1.10
Vinson & Elkins L.L.P.	Dec 1998	Named in a filing	783	1.09	0.11	1.03
Jones Walker	Sep 1996	Named in SEC correspondence	161	1.34	0.23	0.94
Richards, Layton & Finger, P.A.	Dec 2024	Text search only	995	1.46	0.37	0.80
Simpson Thacher & Bartlett	Nov 2011	Text search only	1,396	1.28	0.11	0.92
William S. Clarke, P.A.	Oct 2006	Text search only	7	0.00	1.04	2.19
Shearman & Sterling	Sep 2006	Text search only	2,649	1.21	0.13	0.87

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
Bryan D. FlanneryKirkland & Ellis	Dec 2024	Named in SEC correspondence	18	0.00	0.00	1.16
Daniel FisherAkin Gump	Dec 2024	Named in SEC correspondence	12	1.42	0.00	2.41
John M. GreerLatham & Watkins LLP	May 2016	Named in a filing	28	0.00	0.00	1.53
Ryan J. MaiersonLatham & Watkins LLP	May 2016	Named in a filing	135	1.27	0.00	1.28
Kelly C. SimoneauxJones Walker	Aug 2009	Named in a filing	20	1.32	0.00	0.37
Scott D. ChenevertJones Walker	Mar 2005	Named in SEC correspondence	6	0.96	1.73	2.73
Lisa M. BuchananJones Walker	Sep 1999	Named in a filing	6	0.00	0.00	4.26
Margaret F. MurphyJones Walker	Sep 1996	Named in SEC correspondence	32	1.87	0.00	1.65
Charles K. RuckLatham & Watkins LLP	Nov 2011	Text search only	74	1.30	0.35	0.69
R. Scott SheanLatham & Watkins LLP	Nov 2011	Text search only	37	1.95	0.74	0.78
William S. ClarkeWilliam S. Clarke, P.A.	Oct 2006	Text search only	7	0.00	1.02	2.11
MICHAEL W. CONLONFulbright & Jaworski	Jul 2001	Text search only	6	1.23	0.00	2.71