GLYCOGENESYS INC GLGS (last ticker on record)
CIK 946661Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- 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
- 2
- Newest began Feb 2006
- Largest fall in its shares
- 99%
- Aug 1999 to Dec 2006
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 2
- 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)
- 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)
- Shares 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.
- Torys LLPFirst linked Aug 2004 · Named in SEC correspondence · 170 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.44× · 95% wipeout 0.94×
- Lionel Sawyer & CollinsFirst linked Oct 2001 · Named in a filing · 128 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.88× · 95% wipeout 0.96×
- McDermott Will & EmeryFirst linked Apr 2000 · Named in a filing · 562 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.60× · 95% wipeout 1.14×
- Ballard SpahrFirst linked May 2001 · Text search only · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Torys LLP | Aug 2004 | Named in SEC correspondence | 170 | 1.22 | 0.44 | 0.94 |
| Lionel Sawyer & Collins | Oct 2001 | Named in a filing | 128 | 1.07 | 0.88 | 0.96 |
| McDermott Will & Emery | Apr 2000 | Named in a filing | 562 | 0.97 | 0.60 | 1.14 |
| Ballard Spahr | May 2001 | Text search only | 492 | 1.23 | 1.06 | 0.73 |
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.
- Cheryl V. ReicinTorys LLPFirst linked Apr 2000 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.54×
- Roger V. DavidsonBallard SpahrFirst linked May 2001 · Text search only · 18 linked companiesSEC/DOJ scrutiny 0.45× · Went dark 1.34× · 95% wipeout 1.78×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cheryl V. ReicinTorys LLP | Apr 2000 | Named in SEC correspondence | 10 | 0.00 | 0.00 | 1.54 |
| Roger V. DavidsonBallard Spahr | May 2001 | Text search only | 18 | 0.45 | 1.34 | 1.78 |