NORTHFIELD LABORATORIES INC NFLD (last ticker on record)
CIK 920947Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 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
- 4
- Newest began Jun 2009
- Largest fall in its shares
- 99%
- Mar 2000 to Jul 2009
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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.
- Baker & McKenzieFirst linked Jan 2003 · Named in SEC correspondence · 587 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.72× · 95% wipeout 1.00×
- Jenner & BlockFirst linked May 1998 · Named in a filing · 122 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.78× · 95% wipeout 0.94×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Baker & McKenzie | Jan 2003 | Named in SEC correspondence | 587 | 1.07 | 0.72 | 1.00 |
| Jenner & Block | May 1998 | Named in a filing | 122 | 1.12 | 0.78 | 0.94 |
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.
- Christopher M. BartoliBaker & McKenzieFirst linked Aug 2008 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 0.69× · Went dark 0.00× · 95% wipeout 1.40×
- Craig A. RoederBaker & McKenzieFirst linked May 1998 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.00× · 95% wipeout 1.72×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Christopher M. BartoliBaker & McKenzie | Aug 2008 | Named in SEC correspondence | 21 | 0.69 | 0.00 | 1.40 |
| Craig A. RoederBaker & McKenzie | May 1998 | Named in SEC correspondence | 19 | 1.30 | 0.00 | 1.72 |