Morrison & Foerster

Linked to 825 companies since Feb 1995. A filing names it for 54% 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.

68 of these companies later showed signs of SEC or DOJ scrutiny and had another red flag. Comparable companies would show 55.8, so that is 1.22× what you would expect.

SEC or DOJ scrutiny and another red flag: 1.22×; 68 companies, 55.8 expected, q 0.619
SEC or DOJ scrutiny: 1.17×; 108 companies, 92.6 expected, q 0.780
Stopped filing, and the SEC acted: 0.55×; 19 companies, 34.8 expected, q 1.000
Shares fell 95% from their high: 1.15×; 160 companies, 138.7 expected, q 0.584

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	68	55.8	1.22	0.619
SEC or DOJ scrutiny	108	92.6	1.17	0.780
Stopped filing, and the SEC acted	19	34.8	0.55	1.000
Shares fell 95% from their high	160	138.7	1.15	0.584
Two or more different red flags	190	142.3	1.34	0.007
Said its accounts could not be relied on	127	120.9	1.05	1.000
Bankruptcy or receivership	45	37.5	1.20	0.821
Restructuring or accelerated debt	222	163.1	1.36	<0.001
Delisting notice	353	274.1	1.29	<0.001
SEC accounting enforcement release	18	20.6	0.87	1.000
An SEC release or DOJ statement names it, an officer or its stock	51	48.7	1.05	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	Gavin B. GroverMorrison & Foerster	16	94%	7	1.4	5.01	0.127	3.08	2.77	0.99
2	Scott M. StantonMorrison & Foerster	28	93%	6	2.1	2.89	0.753	2.79	0.00	2.43
3	Steven G. RowlesMorrison & Foerster	15	100%	4	1.1	3.80	0.850	2.92	0.00	1.29
4	Jeannette V. FilipponeMorrison & Foerster	7	100%	3	0.7	4.24	0.867	2.90	0.00	0.70
5	Michael T. FrankMorrison & Foerster	9	89%	3	0.8	3.67	0.914	2.21	0.00	1.14
6	John M. RaffertyMorrison & Foerster	15	87%	3	0.8	3.67	0.963	2.25	0.00	1.00
7	Anna T. PinedoMorrison & Foerster	51	78%	4	3.8	1.06	1.000	1.13	0.00	0.70
8	James R. TanenbaumMorrison & Foerster	46	89%	5	3.6	1.38	1.000	1.41	1.54	1.14
9	Brandon C. ParrisMorrison & Foerster	35	74%	3	2.5	1.22	1.000	0.65	0.83	0.52
10	Justin R. SalonMorrison & Foerster	33	88%	2	1.2	1.72	1.000	1.17	0.00	1.06
11	Robert S. TownsendMorrison & Foerster	27	67%	3	2.2	1.35	1.000	1.05	0.95	0.79
12	David M. LynnMorrison & Foerster	26	100%	3	1.5	2.02	1.000	2.16	0.00	0.48
13	Robert M. Mattson Jr.Morrison & Foerster	22	96%	3	2.0	1.47	1.000	0.90	0.95	1.00
14	David P. SlotkinMorrison & Foerster	21	100%	1	1.2	0.85	1.000	1.58	0.00	0.80
15	John W. CampbellMorrison & Foerster	21	91%	3	2.5	1.19	1.000	1.35	0.00	2.53
16	Scott LesmesMorrison & Foerster	19	100%	1	0.6	1.71	1.000	2.29	0.00	0.88
17	John HensleyMorrison & Foerster	18	50%	1	0.5	2.07	1.000	0.72	0.00	1.01
18	Stephen B. ThauMorrison & Foerster	17	88%	1	1.5	0.65	1.000	0.50	1.52	1.19
19	Michael C. PhillipsMorrison & Foerster	16	100%	1	1.3	0.78	1.000	0.49	0.92	0.50
20	Jaclyn LiuMorrison & Foerster	15	100%	1	1.1	0.92	1.000	2.16	0.00	0.00
21	Charles C. KimMorrison & Foerster	14	86%	1	1.4	0.69	1.000	0.48	0.00	1.81
22	R. John HensleyMorrison & Foerster	14	86%	1	0.4	2.63	1.000	1.10	0.00	1.12
23	J. Nathan JensenMorrison & Foerster	12	83%	1	0.9	1.06	1.000	1.32	0.00	0.96
24	MICHAEL J. O'DONNELLMorrison & Foerster	12	83%	3	1.6	1.85	1.000	1.24	0.00	3.34
25	Alfredo B. D. SilvaMorrison & Foerster	10	90%	2	0.5	3.79	1.000	2.31	0.00	1.82
26	Lawrence R. BardMorrison & Foerster	10	100%	1	0.7	1.44	1.000	1.94	0.00	2.60
27	Michael J. O DonnellMorrison & Foerster	10	50%	1	1.3	0.79	1.000	0.62	0.00	1.80
28	Russell J. WoodMorrison & Foerster	9	100%	2	1.1	1.89	1.000	1.96	0.00	1.13
29	Brian V. CaidMorrison & Foerster	8	100%	1	0.8	1.23	1.000	0.80	1.95	0.00
30	Richard ScudellariMorrison & Foerster	8	75%	1	0.9	1.14	1.000	0.76	0.00	1.37
31	Bryan PitkoMorrison & Foerster	7	100%	1	0.8	1.18	1.000	1.27	0.00	1.95
32	John R. HempillMorrison & Foerster	7	86%	1	0.4	2.77	1.000	1.53	2.63	1.12
33	Allen L. WeingartenMorrison & Foerster	6	83%	2	0.9	2.19	1.000	1.43	0.00	0.00
34	Gavin McCraleyMorrison & Foerster	6	83%	1	0.8	1.27	1.000	1.03	0.00	1.87
35	KRISTIAN E. WIGGERTMorrison & Foerster	6	100%	1	0.8	1.25	1.000	1.66	3.97	3.06
36	Michael G. O BryanMorrison & Foerster	6	50%	1	0.5	2.03	1.000	2.22	0.00	0.00
37	Warren L. TroupeMorrison & Foerster	6	100%	1	0.4	2.33	1.000	1.52	2.15	1.24
38	Charles S. FarmanMorrison & Foerster	5	100%	1	0.4	2.60	1.000	1.75	0.00	1.11
39	David P. ValentiMorrison & Foerster	5	80%	1	0.4	2.33	1.000	1.45	0.00	1.90
40	Eric McCrathMorrison & Foerster	5	80%	1	0.3	3.11	1.000	0.92	0.00	0.00
41	Paul Chip L. Lion IIIMorrison & Foerster	5	40%	1	0.5	2.14	1.000	1.40	4.00	0.00
42	Justin L. BastianMorrison & Foerster	23	91%	0	1.9	0.00	—	0.30	1.12	0.92
43	Andrew P. CampbellMorrison & Foerster	20	75%	0	0.6	0.00	—	0.82	0.00	1.33
44	Bruce A. MannMorrison & Foerster	19	90%	0	1.6	0.00	—	0.40	0.00	0.98
45	John T. OwenMorrison & Foerster	18	100%	0	1.2	0.00	—	0.00	0.00	0.69
46	William D. ShermanMorrison & Foerster	14	93%	0	1.1	0.00	—	0.00	1.24	1.46
47	John A. GoodMorrison & Foerster	13	100%	0	1.1	0.00	—	0.49	0.00	0.00
48	Ben ChungMorrison & Foerster	11	100%	0	0.6	0.00	—	0.88	0.00	0.78
49	Emily K. BeersMorrison & Foerster	11	91%	0	0.3	0.00	—	1.18	0.00	1.41
50	Jeffrey S. MarcusMorrison & Foerster	10	100%	0	0.6	0.00	—	0.00	0.00	2.59

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
Arch Therapeutics, Inc.ARTH (last ticker on record)	Jan 2014	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
Avaya Holdings Corp.AVYA (last ticker on record)	Dec 2017	Text search only	SEC/DOJ scrutiny 95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
Emergent BioSolutions Inc.EBS (last ticker on record)	Aug 2006	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring Delisting notice (not a red flag)
ENDOCARE INCENDO (last ticker on record)	Oct 2004	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
KEY TRONIC CORPKTCC (last ticker on record)	Feb 1995	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
ONCOSEC MEDICAL IncONCS (last ticker on record)	Jul 2011	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
VERINT SYSTEMS INCVRNT (last ticker on record)	May 2003	Named in a filing	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
AVEO PHARMACEUTICALS, INC.AVEO (last ticker on record)	Dec 2009	Text search only	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
CLOVER HEALTH INVESTMENTS, CORP. /DECLOV (last ticker on record)	Jan 2020	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring Delisting notice (not a red flag)
EXAGEN INC.XGN (last ticker on record)	Aug 2014	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring
FILANA THERAPEUTICS, INC.FLNA (last ticker on record)	Feb 2014	Named in SEC correspondence	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
HERBALIFE LTD.HLF (last ticker on record)	Oct 2004	Text search only	SEC/DOJ scrutiny Restatement Restructuring
NOVELION THERAPEUTICS INC.NVLNF (last ticker on record)	Jul 2004	Named in SEC correspondence	SEC/DOJ scrutiny Bankruptcy Restructuring Delisting notice (not a red flag) Went dark (not a red flag)
Ocata Therapeutics, Inc.OCAT (last ticker on record)	Oct 2005	Text search only	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Riot Platforms, Inc.RIOT (last ticker on record)	May 2013	Text search only	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring Delisting notice (not a red flag)
SPRUCE POWER HOLDING CORPSPRU (last ticker on record)	Oct 2020	Named in a filing	SEC/DOJ scrutiny 95% wipeout Restatement Restructuring
VMWARE LLCVMW (last ticker on record)	Sep 2010	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
WeWork Inc.WE (last ticker on record)	May 2021	Text search only	SEC/DOJ scrutiny 95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
Zymergen Inc.ZY (last ticker on record)	Jan 2021	Text search only	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
AKSYS LTDAKSY (last ticker on record)	Apr 2004	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
ALLERGAN INCAGN (last ticker on record)	Dec 2005	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
ALTABA INC.AABA (last ticker on record)	Sep 2000	Named in a filing	SEC/DOJ scrutiny Restructuring
BIOCEPT INCBIOC (last ticker on record)	Dec 2015	Named in a filing	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
BRADLEY PHARMACEUTICALS INCBDY (last ticker on record)	Nov 2003	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
CELGENE CORPCELG (last ticker on record)	Jul 2010	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
ELECTROGLAS INCEGLS (last ticker on record)	Apr 1997	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag) Went dark (not a red flag)
EVERGREEN ENERGY INCEEE (last ticker on record)	May 1997	Named in a filing	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
IDT CORPIDT (last ticker on record)	Dec 1997	Named in a filing	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Interactive Brokers Group, Inc.IBKR (last ticker on record)	Apr 2008	Text search only	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
KRATOS DEFENSE & SECURITY SOLUTIONS, INC.KTOS (last ticker on record)	May 2005	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
MTI TECHNOLOGY CORPMTIC (last ticker on record)	Dec 1996	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag) Went dark (not a red flag)
NEUSTAR INCNSR (last ticker on record)	May 2005	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
Ontrak, Inc.OTRK (last ticker on record)	Oct 2005	Text search only	SEC/DOJ scrutiny 95% wipeout Restructuring Delisting notice (not a red flag)
PROSPER MARKETPLACE, INC	Dec 2008	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring
QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC.QTWW (last ticker on record)	Feb 2002	Named in a filing	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
Quotient LtdQTNTF (last ticker on record)	Apr 2014	Text search only	95% wipeout Restatement Bankruptcy Restructuring Delisting notice (not a red flag)
RHRH (last ticker on record)	Sep 2011	Named in SEC correspondence	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
TERAYON COMMUNICATION SYSTEMSTERN (last ticker on record)	Oct 2003	Named in a filing	SEC/DOJ scrutiny Restatement Restructuring Delisting notice (not a red flag)
Airspan Networks Holdings Inc.MIMO (last ticker on record)	Jun 2021	Text search only	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
ALLURION TECHNOLOGIES, INC.ALUR (last ticker on record)	May 2023	Text search only	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
AMEDISYS INCAMED (last ticker on record)	Dec 2003	Named in a filing	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
ANESIVA, INC.ANSV (last ticker on record)	Oct 2005	Text search only	95% wipeout Restructuring Delisting notice (not a red flag) Went dark (not a red flag)
ARADIGM CORPARDM (last ticker on record)	Oct 2006	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
Assertio Therapeutics, IncASRT (last ticker on record)	Oct 2003	Text search only	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
CBL & ASSOCIATES PROPERTIES INCCBL (last ticker on record)	Jan 2006	Named in a filing	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
ChargePoint Holdings, Inc.CHPT (last ticker on record)	Mar 2021	Text search only	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
Chemours CoCC (last ticker on record)	Mar 2016	Named in SEC correspondence	SEC/DOJ scrutiny Restructuring Delisting notice (not a red flag)
DELTA FINANCIAL CORPDFCLQ (last ticker on record)	Jul 2004	Named in SEC correspondence	95% wipeout Bankruptcy Restructuring Delisting notice (not a red flag)
DSS, INC.DSS (last ticker on record)	Nov 2012	Text search only	95% wipeout Restatement Restructuring Delisting notice (not a red flag)
Eiger BioPharmaceuticals, Inc.EIGR (last ticker on record)	Dec 2015	Text search only	95% wipeout Bankruptcy 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