Fenwick & West LLP

Linked to 443 companies since May 1994. A filing names it for 73% of those. The rest come from a text search, which also finds a firm on the other side of a deal.

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.

39 of these companies later showed signs of SEC or DOJ scrutiny and had another red flag. Comparable companies would show 29.8, so that is 1.31× what you would expect.

SEC or DOJ scrutiny and another red flag: 1.31×; 39 companies, 29.8 expected, q 0.619
SEC or DOJ scrutiny: 0.95×; 50 companies, 52.6 expected, q 1.000
Stopped filing, and the SEC acted: 0.21×; 3 companies, 14.1 expected, q 1.000
Shares fell 95% from their high: 1.23×; 84 companies, 68.2 expected, q 0.406

Each bar’s tick marks 1×, no more than comparable companies. A colored bar has q below 0.05, the usual bar.

Every outcome

What came later among these companies, against comparable companies
What came later	Companies	Expected	× expected	q
SEC or DOJ scrutiny and another red flag	39	29.8	1.31	0.619
SEC or DOJ scrutiny	50	52.6	0.95	1.000
Stopped filing, and the SEC acted	3	14.1	0.21	1.000
Shares fell 95% from their high	84	68.2	1.23	0.406
Two or more different red flags	104	71.8	1.45	0.007
Said its accounts could not be relied on	49	53.7	0.91	1.000
Bankruptcy or receivership	16	18.6	0.86	1.000
Restructuring or accelerated debt	160	89.8	1.78	<0.001
Delisting notice	204	141.2	1.44	<0.001
SEC accounting enforcement release	13	12.1	1.07	1.000
An SEC release or DOJ statement names it, an officer or its stock	34	28.1	1.21	1.000

What each of these means

SEC or DOJ scrutiny and another red flag: The SEC or DOJ took an interest, and the company also fell 95%, restated its accounts, restructured or went bankrupt.
SEC or DOJ scrutiny: An enforcement release; a Wells notice, a formal order, a subpoena or a statement that it is cooperating with the SEC or Justice Department in the company's own filings; or far more SEC letters than a company normally draws. Whether or not the company was ever charged: most cases settle, or end in nothing public.
Stopped filing, and the SEC acted: The SEC revoked the company's registration, or suspended trading, for nothing but not filing.
Shares fell 95% from their high: A close at least 95% below the earlier high, with no close above a fifth of that high in the next ten, so that one bad print does not count. It can recover later.
Two or more different red flags: Any two of: SEC or DOJ scrutiny, a 95% fall, a restatement, a restructuring, a bankruptcy.
Said its accounts could not be relied on: The company's own Item 4.02 notice on Form 8-K.
Bankruptcy or receivership: The company's Item 1.03 notice on Form 8-K. This follows how much debt clients carry, so restructuring practices read high here.
Restructuring or accelerated debt: Item 2.05 or Item 2.04 on Form 8-K.
Delisting notice: Item 3.01 on Form 8-K. Mergers and transfers between exchanges report under it too, so it is shown but counts as no red flag.
SEC accounting enforcement release: An Accounting and Auditing Enforcement Release that names the company.
An SEC release or DOJ statement names it, an officer or its stock: The text of a release or a DOJ statement names the company, one of its officers, or its stock as what a scheme sold or moved. It does not say the company did wrong: a company can be the victim. This is about the company, never its lawyers.

Lawyers at this firm

Rank by

Lawyers ranked by SEC or DOJ scrutiny and another red flag. Click a column to sort.
#
1	C. Kevin KelsoFenwick & West LLP	10	100%	5	1.1	4.68	0.379	3.18	1.66	1.61
2	David K. MichaelsFenwick & West LLP	64	83%	9	4.5	2.00	0.850	1.53	0.00	0.67
3	TYLER R. COZZENSFenwick & West LLP	5	100%	3	0.8	3.64	0.850	2.35	7.04	2.55
4	Matthew P. QuilterFenwick & West LLP	10	80%	3	0.8	3.63	0.914	2.10	0.00	1.15
5	Jeffrey R. VetterFenwick & West LLP	82	98%	10	6.1	1.64	0.962	1.20	0.00	1.31
6	Robert A. FreedmanFenwick & West LLP	69	99%	5	4.3	1.17	1.000	0.86	0.53	0.96
7	Gordon K. DavidsonFenwick & West LLP	67	87%	8	5.6	1.42	1.000	1.09	0.00	1.15
8	James D. EvansFenwick & West LLP	46	96%	4	2.7	1.47	1.000	0.97	0.00	1.08
9	William L. HughesFenwick & West LLP	41	95%	4	2.4	1.70	1.000	1.12	0.94	1.37
10	Ran D. Ben-TzurFenwick & West LLP	30	93%	3	1.4	2.18	1.000	1.26	0.00	0.31
11	Michael A. BrownFenwick & West LLP	29	69%	2	1.3	1.49	1.000	0.67	0.00	0.99
12	Alan C. SmithFenwick & West LLP	27	93%	2	2.1	0.96	1.000	0.62	0.79	1.47
13	Douglas N. CogenFenwick & West LLP	26	96%	2	1.9	1.05	1.000	0.94	0.00	0.20
14	Daniel J. WinnikeFenwick & West LLP	25	100%	2	2.6	0.77	1.000	0.48	2.80	1.63
15	Amanda RoseFenwick & West LLP	24	100%	3	1.1	2.85	1.000	1.87	0.00	1.27
16	Chelsea AndersonFenwick & West LLP	22	96%	2	0.9	2.31	1.000	1.46	0.00	0.49
17	Ryan MittenessFenwick & West LLP	22	86%	1	0.9	1.17	1.000	0.84	0.00	0.91
18	Mark StevensFenwick & West LLP	21	71%	1	1.5	0.67	1.000	0.39	0.00	1.67
19	Scott J. LeichtnerFenwick & West LLP	20	100%	1	1.6	0.61	1.000	0.76	0.00	0.38
20	David A. BellFenwick & West LLP	17	100%	3	1.5	2.01	1.000	1.46	0.00	1.73
21	Cynthia C. HessFenwick & West LLP	16	100%	2	0.8	2.45	1.000	1.31	0.00	1.86
22	Jennifer J. HitchcockFenwick & West LLP	16	94%	1	0.5	1.92	1.000	0.74	0.00	0.81
23	Matthew RossiterFenwick & West LLP	15	73%	1	0.9	1.07	1.000	1.64	0.00	0.87
24	Andrew Y. LuhFenwick & West LLP	14	93%	2	1.1	1.81	1.000	1.04	0.00	1.29
25	Andrew J. SchultheisFenwick & West LLP	13	100%	2	0.9	2.17	1.000	1.23	0.00	1.73
26	DENNIS R. DEBROECKFenwick & West LLP	13	100%	2	0.9	2.29	1.000	1.38	1.71	0.59
27	DAVID HEALYFenwick & West LLP	11	55%	1	0.8	1.20	1.000	0.69	0.00	1.03
28	KATHERINE TALLMAN SCHUDAFenwick & West LLP	11	100%	1	1.0	0.97	1.000	1.19	0.00	0.00
29	Lynda M. TwomeyFenwick & West LLP	10	70%	1	1.6	0.64	1.000	0.84	0.00	0.80
30	R. Gregory RousselFenwick & West LLP	9	100%	2	0.9	2.15	1.000	1.39	0.00	0.80
31	JEFFERY L. DONOVANFenwick & West LLP	8	100%	1	0.7	1.42	1.000	1.70	0.00	2.75
32	Eileen Duffy RobinettFenwick & West LLP	7	100%	1	0.9	1.08	1.000	0.68	0.00	3.41
33	Nicolas DumontFenwick & West LLP	7	71%	1	0.4	2.46	1.000	1.73	0.00	1.65
34	Scott P. SpectorFenwick & West LLP	7	86%	2	1.0	1.97	1.000	1.75	0.00	2.04
35	Cynthia E. GarabedianFenwick & West LLP	6	100%	1	0.9	1.14	1.000	0.73	0.00	0.00
36	Dan WinnikeFenwick & West LLP	6	83%	2	0.7	2.95	1.000	1.78	0.00	1.36
37	Eva H. WangFenwick & West LLP	6	100%	1	0.3	3.63	1.000	1.83	0.00	2.66
38	Nicholas S. KhadderFenwick & West LLP	6	100%	1	0.5	2.23	1.000	2.82	0.00	1.08
39	EDWIN N. LOWEFenwick & West LLP	5	80%	2	0.5	3.68	1.000	2.26	5.37	2.28
40	Melanie P. GraceFenwick & West LLP	5	100%	1	1.1	0.95	1.000	0.68	5.24	1.09
41	MICHAEL J. MCADAMFenwick & West LLP	5	100%	1	0.5	1.84	1.000	1.13	0.00	0.00
42	Pamela A. SergeeffFenwick & West LLP	5	100%	2	0.6	3.65	1.000	3.38	0.00	0.00
43	Robert MillerFenwick & West LLP	5	40%	1	0.4	2.75	1.000	1.30	0.00	1.27
44	Michael S. PiloFenwick & West LLP	26	81%	0	0.7	0.00	—	0.00	0.00	0.60
45	Effie ToshavFenwick & West LLP	25	96%	0	1.3	0.00	—	0.00	0.00	0.79
46	Julia ForbessFenwick & West LLP	19	100%	0	0.9	0.00	—	0.00	0.00	0.65
47	Aman SinghFenwick & West LLP	16	88%	0	0.5	0.00	—	0.00	0.00	1.77
48	William R. SchreiberFenwick & West LLP	16	88%	0	1.1	0.00	—	0.48	0.00	1.78
49	Mark A. LeahyFenwick & West LLP	14	100%	0	1.4	0.00	—	0.00	0.00	1.42
50	Ethan SkerryFenwick & West LLP	13	69%	0	0.9	0.00	—	0.00	0.00	0.68

Linked companies

WithSortOnly where a filing names them

Companies linked to this firm or lawyer, and what came later among them. Click a column to sort.
		How it is known
AMYRIS, INC.AMRS (last ticker on record)	Apr 2010	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
DMK PHARMACEUTICALS CorpDMK (last ticker on record)	May 1996	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
Latch, Inc.LTCH (last ticker on record)	Feb 2021	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring Delisting notice (not a red flag)
Isilon Systems, Inc.ISLN (last ticker on record)	Sep 2006	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
LOGITECH INTERNATIONAL S.A.LOGI (last ticker on record)	Feb 2001	Text search only	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Bausch Health Companies Inc.BHC (last ticker on record)	Jul 2010	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring
CADENCE DESIGN SYSTEMS INCCDNS (last ticker on record)	May 1994	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Diamond Foods IncDMND (last ticker on record)	Mar 2005	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Delisting notice (not a red flag)
Gen Digital Inc.GEN (last ticker on record)	Jan 1995	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Happen, Inc.HAPN (last ticker on record)	May 2010	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
HYBRID NETWORKS INCHYBR (last ticker on record)	Sep 1997	Named in a filing	SEC/DOJ scrutiny 95% wipeout Went dark (not a red flag)
Kiromic Biopharma, Inc.KRBP (last ticker on record)	Apr 2020	Text search only	SEC/DOJ scrutiny 95% wipeout Bankruptcy Delisting notice (not a red flag)
MARVELL TECHNOLOGY GROUP LTDMRVL (last ticker on record)	Mar 2014	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
MERCURY INTERACTIVE CORPMERQ (last ticker on record)	Oct 2000	Named in a filing	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
MOVE INCMOVE (last ticker on record)	May 1999	Named in a filing	SEC/DOJ scrutiny Restatement Delisting notice (not a red flag)
NETOPIA INCNTPA (last ticker on record)	Dec 1999	Named in a filing	SEC/DOJ scrutiny Restatement Delisting notice (not a red flag)
VMWARE LLCVMW (last ticker on record)	Apr 2007	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Vyome Holdings, IncHIND (last ticker on record)	Aug 2016	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring Delisting notice (not a red flag)
FITBIT, INC.FIT (last ticker on record)	Mar 2015	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Internap CorpINAP (last ticker on record)	Nov 2006	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Bankruptcy Restructuring
LARGE SCALE BIOLOGY CORPLSBC (last ticker on record)	May 2002	Named in a filing	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag) Went dark (not a red flag)
PROGRESSIVE GAMING INTERNATIONAL CORPPGIC (last ticker on record)	Oct 2001	Text search only	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
Proterra IncPTRAQ (last ticker on record)	Feb 2021	Named in SEC correspondence	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
Travere Therapeutics, Inc.TVTX (last ticker on record)	Jan 2014	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
TWITTER, INC.TWTR (last ticker on record)	Jul 2013	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
VERISIGN INC/CAVRSN (last ticker on record)	Nov 1997	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
ACCURAY INCARAY (last ticker on record)	Nov 2006	Text search only	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
ADOBE INC.ADBE (last ticker on record)	Jun 2005	Named in a filing	SEC/DOJ scrutiny Restructuring
AGILENT TECHNOLOGIES, INC.A (last ticker on record)	Oct 2007	Named in a filing	SEC/DOJ scrutiny Restructuring
BuzzFeed, Inc.BZFD (last ticker on record)	Jul 2021	Named in SEC correspondence	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
CalciMedica, Inc.CALC (last ticker on record)	Jul 2020	Named in SEC correspondence	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
Coinbase Global, Inc.COIN (last ticker on record)	Oct 2020	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring
CONCUR TECHNOLOGIES INCCNQR (last ticker on record)	Aug 1998	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
EBAY INCEBAY (last ticker on record)	Jul 1998	Named in a filing	SEC/DOJ scrutiny Restructuring
GLU MOBILE INCGLUU (last ticker on record)	Dec 2006	Named in SEC correspondence	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
GoPro, Inc.GPRO (last ticker on record)	Feb 2014	Named in SEC correspondence	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
Gridsum Holding Inc.GSUM (last ticker on record)	Jul 2015	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout
Gritstone bio, Inc.GRTS (last ticker on record)	Sep 2018	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
iGo, Inc.IGOI (last ticker on record)	May 2002	Text search only	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
IPI Legacy Liquidation CoIMPLQ (last ticker on record)	Feb 2021	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
LATTICE SEMICONDUCTOR CORPLSCC (last ticker on record)	Feb 2015	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring
MACROVISION CORPMVSN (last ticker on record)	Jan 1997	Named in a filing	SEC/DOJ scrutiny Restatement Restructuring
MARIN SOFTWARE INCMRIN (last ticker on record)	Dec 2012	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
MICRON TECHNOLOGY INCMU (last ticker on record)	Jul 1998	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Nutanix, Inc.NTNX (last ticker on record)	Jul 2015	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
PHOENIX TECHNOLOGIES LTDPTEC (last ticker on record)	Mar 1995	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring
SCHWAB CHARLES CORPSCHW (last ticker on record)	Jan 1998	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Sienna Biopharmaceuticals, Inc.SNNA (last ticker on record)	May 2017	Text search only	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
SILICON IMAGE INCSIMG (last ticker on record)	Jul 1999	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Spyre Therapeutics, Inc.SYRE (last ticker on record)	May 2015	Named in SEC correspondence	95% wipeout Restatement Restructuring Delisting notice (not a red flag)

At a glance

Every outcome

Lawyers at this firm

Linked companies

At a glance

Every outcome

Lawyers at this firm

Linked companies