SOURCE INTERLINK COMPANIES INC SORC (last ticker on record)
CIK 943605Its SEC filings (opens in a new tab)
- 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
- 3
- Newest began May 2009
- Largest fall in its shares
- 99%
- Feb 2000 to Jun 2009
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- 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
- Delisting notice (Item 3.01)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.
- Cohen & GrigsbyFirst linked Dec 2004 · Named in a filing · 22 linked companiesSEC/DOJ scrutiny 0.75× · Went dark 0.00× · 95% wipeout 1.84×
- Armstrong TeasdaleFirst linked Jul 1999 · Named in a filing · 64 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.00× · 95% wipeout 1.51×
- Latham & Watkins LLPFirst linked Aug 2004 · Text search only · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cohen & Grigsby | Dec 2004 | Named in a filing | 22 | 0.75 | 0.00 | 1.84 |
| Armstrong Teasdale | Jul 1999 | Named in a filing | 64 | 1.00 | 0.00 | 1.51 |
| Latham & Watkins LLP | Aug 2004 | Text search only | 2,667 | 0.98 | 0.31 | 1.10 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| JOHN L. GILLIS JR.Armstrong Teasdale | Jul 1999 | Named in a filing | 10 | 1.69 | 0.00 | 2.00 |