SUNLINK HEALTH SYSTEMS INC SSY (last ticker on record)
CIK 96793Its SEC filings (opens in a new tab)
- Restatement
- 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
- 2
- Newest began Feb 2016
- Largest fall in its shares
- 96%
- Dec 2005 to Feb 2016
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 1
- 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)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)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)
- 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.
- Troutman Pepper Locke LLPFirst linked Jun 2025 · Named in a filing · 90 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.14×
- Smith, Gambrell & Russell, LLPFirst linked Jan 2003 · Named in SEC correspondence · 92 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.05× · 95% wipeout 1.20×
- Davis Wright Tremaine LLPFirst linked Aug 2003 · Text search only · 130 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.59× · 95% wipeout 1.27×
- Reed SmithFirst linked Apr 2003 · Text search only · 487 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.13×
- PARKER DURYEE ROSOFF & HAFTFirst linked Jan 2003 · Text search only · 22 linked companiesSEC/DOJ scrutiny 0.80× · Went dark 1.66× · 95% wipeout 3.02×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Troutman Pepper Locke LLP | Jun 2025 | Named in a filing | 90 | 0.00 | 0.00 | 0.14 |
| Smith, Gambrell & Russell, LLP | Jan 2003 | Named in SEC correspondence | 92 | 0.96 | 1.05 | 1.20 |
| Davis Wright Tremaine LLP | Aug 2003 | Text search only | 130 | 0.97 | 0.59 | 1.27 |
| Reed Smith | Apr 2003 | Text search only | 487 | 1.15 | 0.77 | 1.13 |
| PARKER DURYEE ROSOFF & HAFT | Jan 2003 | Text search only | 22 | 0.80 | 1.66 | 3.02 |
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 |
|---|---|---|---|---|---|---|
| M. Timothy ElderSmith, Gambrell & Russell, LLP | Jan 2003 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.77 |