CDTI ADVANCED MATERIALS, INC. CDTI (last ticker on record)

CIK 949428Its SEC filings (opens in a new tab)

95% wipeout
Restatement
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 Dec 2015
Largest fall in its shares: 99%; Dec 2007 to Oct 2019
Law firms: 6; Linked to 5 or more companies
Lawyers: 11; Linked to 5 or more companies

What happened

Nov 14, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 14, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 1, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 1, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 7, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 18, 2016Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 11, 2015Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 27, 2014Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 16, 2014Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 26, 2010Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Aug 16, 2010Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
May 20, 2010Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
May 14, 2010Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Sep 21, 2009Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 19, 2009Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Stubbs Alderton & Markiles, LLP	Dec 2016	Named in a filing	45	1.40	0.86	0.94
Reicker Pfau Pyle & McRoy	Jun 2013	Named in a filing	6	0.00	0.00	3.06
DLA Piper	May 2012	Named in SEC correspondence	1,184	1.00	0.45	1.20
Reed Smith	May 2010	Named in SEC correspondence	487	1.15	0.77	1.13
Finn Dixon & Herling	Jun 2007	Named in SEC correspondence	28	1.29	0.76	2.33
Cutler Law Group	Aug 2010	Text search only	40	1.87	1.89	1.25

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
John J. McIlveryStubbs Alderton & Markiles, LLP	Dec 2016	Named in SEC correspondence	23	0.85	0.55	0.51
Nicole DaleyGoodwin Procter	Sep 2012	Named in SEC correspondence	10	0.00	0.00	1.37
Steven D. PidgeonDLA Piper	May 2012	Named in SEC correspondence	42	0.90	0.90	1.08
Marianne SarrazinGoodwin Procter	Jun 2011	Named in SEC correspondence	32	0.77	2.86	1.25
David T. MittelmanReed Smith	Dec 2010	Named in SEC correspondence	21	2.19	1.51	1.60
Robert M. SmithReed Smith	May 2010	Named in SEC correspondence	14	1.09	2.19	1.45
Patrick J. O'MalleyDLA Piper	Nov 2015	Text search only	17	0.79	0.00	2.34
B. Shayne KennedyLatham & Watkins LLP	Jun 2011	Text search only	43	0.94	0.00	1.19
M. Richard CutlerCutler Law Group	Aug 2010	Text search only	29	1.99	1.74	1.43
Richard Cutler	Aug 2010	Text search only	23	2.15	1.61	1.44
DAVID I. ALBINFinn Dixon & Herling	May 2010	Text search only	6	1.78	0.00	1.69