SHILOH INDUSTRIES INC SHLO (last ticker on record)
CIK 904979Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 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
- 5
- Newest began Aug 2020
- Largest fall in its shares
- 98%
- Nov 2013 to Sep 2020
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 3
- 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)
- Far more SEC letters than usualSEC letter (opens in a new tab)
- Exit or disposal costs (Item 2.05)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.
- Honigman Miller Schwartz and Cohn LLPFirst linked Mar 2017 · Named in SEC correspondence · 159 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.69× · 95% wipeout 0.88×
- Baker & HostetlerFirst linked Mar 2010 · Named in SEC correspondence · 231 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 1.12× · 95% wipeout 1.35×
- Jones DayFirst linked Feb 1997 · Named in a filing · 686 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.54× · 95% wipeout 1.12×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Honigman Miller Schwartz and Cohn LLP | Mar 2017 | Named in SEC correspondence | 159 | 0.92 | 0.69 | 0.88 |
| Baker & Hostetler | Mar 2010 | Named in SEC correspondence | 231 | 1.11 | 1.12 | 1.35 |
| Jones Day | Feb 1997 | Named in a filing | 686 | 1.25 | 0.54 | 1.12 |
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.
- Donald J. KunzHonigman Miller Schwartz and Cohn LLPFirst linked Mar 2017 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.56× · Went dark 0.00× · 95% wipeout 2.64×
- Robert LoeschBaker & HostetlerFirst linked Mar 2010 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 1.41× · Went dark 0.00× · 95% wipeout 1.79×
- Michael J. SoleckiCravath Swaine & MooreFirst linked Apr 2006 · Named in SEC correspondence · 48 linked companiesSEC/DOJ scrutiny 1.08× · Went dark 0.00× · 95% wipeout 1.84×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Donald J. KunzHonigman Miller Schwartz and Cohn LLP | Mar 2017 | Named in SEC correspondence | 14 | 0.56 | 0.00 | 2.64 |
| Robert LoeschBaker & Hostetler | Mar 2010 | Named in SEC correspondence | 6 | 1.41 | 0.00 | 1.79 |
| Michael J. SoleckiCravath Swaine & Moore | Apr 2006 | Named in SEC correspondence | 48 | 1.08 | 0.00 | 1.84 |