NATURAL HEALTH TRENDS CORP NHTC (last ticker on record)
CIK 912061Its SEC filings (opens in a new tab)
- Restatement
- 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 Jan 2008
- Largest fall in its shares
- 99%
- Mar 2005 to Oct 2010
- Law firms
- 6
- 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)
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K/A (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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions a formal order of investigationForm 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)
- 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)
- Delisting notice (Item 3.01)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.
- Locke LordFirst linked Nov 2007 · Named in SEC correspondence · 179 linked companiesSEC/DOJ scrutiny 1.70× · Went dark 0.54× · 95% wipeout 1.00×
- Locke Liddell & Sapp LLPFirst linked Apr 2007 · Named in SEC correspondence · 106 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.72× · 95% wipeout 1.73×
- Brown RudnickFirst linked Apr 2005 · Named in a filing · 137 linked companiesSEC/DOJ scrutiny 0.84× · Went dark 0.90× · 95% wipeout 0.97×
- Silverman, Collura & Chernis, P.C.First linked Sep 1999 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 2.18× · Went dark 1.91× · 95% wipeout 1.44×
- McLaughlin & Stern, LLPFirst linked Feb 1998 · Named in a filing · 58 linked companiesSEC/DOJ scrutiny 1.41× · Went dark 2.30× · 95% wipeout 1.33×
- Feldman WeinsteinFirst linked Dec 2007 · Text search only · 278 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 1.17× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Locke Lord | Nov 2007 | Named in SEC correspondence | 179 | 1.70 | 0.54 | 1.00 |
| Locke Liddell & Sapp LLP | Apr 2007 | Named in SEC correspondence | 106 | 1.24 | 0.72 | 1.73 |
| Brown Rudnick | Apr 2005 | Named in a filing | 137 | 0.84 | 0.90 | 0.97 |
| Silverman, Collura & Chernis, P.C. | Sep 1999 | Named in a filing | 19 | 2.18 | 1.91 | 1.44 |
| McLaughlin & Stern, LLP | Feb 1998 | Named in a filing | 58 | 1.41 | 2.30 | 1.33 |
| Feldman Weinstein | Dec 2007 | Text search only | 278 | 0.92 | 1.17 | 1.20 |
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.
- John B. McKnightLocke Liddell & Sapp LLPFirst linked Apr 2007 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.06×
- Alan N. FormanBrown RudnickFirst linked Apr 2005 · Named in a filing · 7 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.00× · 95% wipeout 2.32×
- Martin C. LichtSilverman, Collura & Chernis, P.C.First linked Jun 1996 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.00× · 95% wipeout 0.88×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| John B. McKnightLocke Liddell & Sapp LLP | Apr 2007 | Named in SEC correspondence | 10 | 0.00 | 0.00 | 2.06 |
| Alan N. FormanBrown Rudnick | Apr 2005 | Named in a filing | 7 | 1.25 | 0.00 | 2.32 |
| Martin C. LichtSilverman, Collura & Chernis, P.C. | Jun 1996 | Named in SEC correspondence | 9 | 0.98 | 0.00 | 0.88 |