Linked to 783 companies since Jan 1994. A filing names it for 72% 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.
64 of these companies later showed signs of SEC or DOJ scrutiny and had another red flag. Comparable companies would show 52.8, so that is 1.21× what you would expect.
Each bar’s tick marks 1×, no more than comparable companies. A colored bar has q below 0.05, the usual bar.
| What came later | Companies | Expected | × expected | q |
|---|---|---|---|---|
| SEC or DOJ scrutiny and another red flag | 64 | 52.8 | 1.21 | 0.800 |
| SEC or DOJ scrutiny | 95 | 87.1 | 1.09 | 1.000 |
| Stopped filing, and the SEC acted | 4 | 37.4 | 0.11 | 1.000 |
| Shares fell 95% from their high | 126 | 126.0 | 1.00 | 1.000 |
| Two or more different red flags | 153 | 129.6 | 1.18 | 0.324 |
| Said its accounts could not be relied on | 126 | 116.8 | 1.08 | 1.000 |
| Bankruptcy or receivership | 76 | 46.4 | 1.64 | 0.007 |
| Restructuring or accelerated debt | 182 | 145.0 | 1.26 | 0.053 |
| Delisting notice | 338 | 239.6 | 1.41 | <0.001 |
| SEC accounting enforcement release | 30 | 19.3 | 1.56 | 0.968 |
| An SEC release or DOJ statement names it, an officer or its stock | 47 | 42.3 | 1.11 | 1.000 |
| # | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Robert L. KimballVinson & Elkins L.L.P. | 25 | 76% | 6 | 1.6 | 3.70 | 0.522 | 2.50 | 0.00 | 0.60 |
| 2 | C. MICHAEL HARRINGTONVinson & Elkins L.L.P. | 10 | 70% | 4 | 1.0 | 3.94 | 0.747 | 2.39 | 0.00 | 2.33 |
| 3 | T. Mark KellyVinson & Elkins L.L.P. | 56 | 71% | 8 | 4.5 | 1.80 | 0.948 | 1.61 | 0.20 | 1.73 |
| 4 | David P. OelmanVinson & Elkins L.L.P. | 78 | 87% | 9 | 6.3 | 1.44 | 1.000 | 1.63 | 0.00 | 1.30 |
| 5 | Douglas E. McWilliamsVinson & Elkins L.L.P. | 62 | 90% | 1 | 3.8 | 0.27 | 1.000 | 0.76 | 0.00 | 1.07 |
| 6 | Sarah K. MorganVinson & Elkins L.L.P. | 36 | 100% | 1 | 1.9 | 0.53 | 1.000 | 0.95 | 0.00 | 1.14 |
| 7 | Stephen M. GillVinson & Elkins L.L.P. | 33 | 82% | 2 | 1.5 | 1.33 | 1.000 | 1.70 | 0.00 | 1.12 |
| 8 | Brenda LenahanVinson & Elkins L.L.P. | 31 | 100% | 3 | 1.9 | 1.59 | 1.000 | 1.53 | 0.00 | 1.34 |
| 9 | Alan BeckVinson & Elkins L.L.P. | 26 | 92% | 2 | 1.9 | 1.07 | 1.000 | 2.03 | 0.00 | 0.73 |
| 10 | James M. PrinceVinson & Elkins L.L.P. | 26 | 73% | 5 | 2.8 | 1.77 | 1.000 | 1.27 | 0.00 | 1.52 |
| 11 | Lawrence S. ElbaumVinson & Elkins L.L.P. | 26 | 77% | 1 | 0.9 | 1.14 | 1.000 | 1.17 | 0.00 | 0.79 |
| 12 | Michael S. TelleVinson & Elkins L.L.P. | 26 | 100% | 3 | 1.1 | 2.71 | 1.000 | 1.55 | 0.00 | 1.27 |
| 13 | Alan J. BogdanowVinson & Elkins L.L.P. | 25 | 84% | 4 | 2.3 | 1.74 | 1.000 | 1.61 | 0.00 | 1.00 |
| 14 | Gillian A. HobsonVinson & Elkins L.L.P. | 24 | 79% | 3 | 2.3 | 1.32 | 1.000 | 1.07 | 0.00 | 1.26 |
| 15 | KEITH R. FULLENWEIDERVinson & Elkins L.L.P. | 22 | 64% | 2 | 1.3 | 1.55 | 1.000 | 1.27 | 0.00 | 0.60 |
| 16 | Jeffery B. FloydVinson & Elkins L.L.P. | 21 | 86% | 3 | 1.5 | 1.99 | 1.000 | 1.18 | 0.00 | 1.46 |
| 17 | Thomas P. MasonVinson & Elkins L.L.P. | 20 | 90% | 4 | 1.8 | 2.21 | 1.000 | 1.46 | 0.72 | 1.48 |
| 18 | W. Matthew StrockVinson & Elkins L.L.P. | 20 | 65% | 1 | 1.5 | 0.67 | 1.000 | 1.24 | 0.00 | 2.16 |
| 19 | Alan P. BadenVinson & Elkins L.L.P. | 18 | 94% | 2 | 1.4 | 1.39 | 1.000 | 0.86 | 0.00 | 1.68 |
| 20 | Patrick GadsonVinson & Elkins L.L.P. | 17 | 53% | 1 | 0.6 | 1.65 | 1.000 | 1.78 | 0.00 | 1.00 |
| 21 | Matthew StrockVinson & Elkins L.L.P. | 15 | 20% | 1 | 1.4 | 0.73 | 1.000 | 0.95 | 0.00 | 2.45 |
| 22 | P. GREGORY HIDALGOVinson & Elkins L.L.P. | 13 | 39% | 2 | 1.1 | 1.84 | 1.000 | 1.68 | 0.00 | 0.59 |
| 23 | Shelley A. BarberVinson & Elkins L.L.P. | 13 | 100% | 1 | 0.5 | 2.16 | 1.000 | 1.17 | 0.00 | 2.72 |
| 24 | Catherine S. GallagherVinson & Elkins L.L.P. | 12 | 75% | 2 | 1.6 | 1.22 | 1.000 | 0.84 | 0.00 | 1.64 |
| 25 | Jeffery K. MalonsonVinson & Elkins L.L.P. | 12 | 75% | 2 | 1.2 | 1.61 | 1.000 | 1.48 | 0.00 | 0.90 |
| 26 | Doug McWilliamsVinson & Elkins L.L.P. | 11 | 55% | 1 | 0.5 | 2.07 | 1.000 | 1.16 | 0.00 | 1.19 |
| 27 | Michael J. SwidlerVinson & Elkins L.L.P. | 11 | 91% | 1 | 0.7 | 1.37 | 1.000 | 1.30 | 0.00 | 0.00 |
| 28 | SCOTT N. WULFEVinson & Elkins L.L.P. | 11 | 100% | 3 | 1.3 | 2.39 | 1.000 | 1.65 | 0.00 | 1.09 |
| 29 | Kevin P. LewisVinson & Elkins L.L.P. | 10 | 90% | 2 | 0.9 | 2.18 | 1.000 | 1.31 | 0.00 | 2.62 |
| 30 | MICHAEL D. WORTLEYVinson & Elkins L.L.P. | 10 | 80% | 1 | 0.7 | 1.36 | 1.000 | 0.85 | 0.00 | 0.64 |
| 31 | Michael P. FinchVinson & Elkins L.L.P. | 10 | 80% | 2 | 1.3 | 1.59 | 1.000 | 2.25 | 1.25 | 0.90 |
| 32 | Jim PrinceVinson & Elkins L.L.P. | 9 | 67% | 3 | 1.0 | 3.02 | 1.000 | 2.19 | 0.00 | 1.97 |
| 33 | Robert B. LittleVinson & Elkins L.L.P. | 9 | 78% | 1 | 0.6 | 1.81 | 1.000 | 1.60 | 0.00 | 0.00 |
| 34 | Shane M. TuckerVinson & Elkins L.L.P. | 9 | 100% | 1 | 0.4 | 2.27 | 1.000 | 1.23 | 0.00 | 0.00 |
| 35 | William R. VolkVinson & Elkins L.L.P. | 9 | 56% | 2 | 0.8 | 2.67 | 1.000 | 1.67 | 0.00 | 0.79 |
| 36 | Christine A. HathawayVinson & Elkins L.L.P. | 8 | 100% | 1 | 0.6 | 1.77 | 1.000 | 1.81 | 0.00 | 0.00 |
| 37 | MARK EARLYVinson & Elkins L.L.P. | 8 | 75% | 1 | 0.6 | 1.60 | 1.000 | 0.99 | 0.00 | 0.96 |
| 38 | David H. StoneVinson & Elkins L.L.P. | 7 | 57% | 1 | 0.5 | 2.04 | 1.000 | 2.45 | 0.00 | 1.90 |
| 39 | Dan A. FleckmanVinson & Elkins L.L.P. | 6 | 100% | 1 | 0.9 | 1.16 | 1.000 | 0.78 | 0.00 | 2.41 |
| 40 | JOHN S. WATSONVinson & Elkins L.L.P. | 6 | 83% | 1 | 0.7 | 1.50 | 1.000 | 1.00 | 0.00 | 0.00 |
| 41 | ROBERT S. BAIRDVinson & Elkins L.L.P. | 6 | 83% | 2 | 0.7 | 2.77 | 1.000 | 2.76 | 0.00 | 1.11 |
| 42 | WILLIAM E. JOOR IIIVinson & Elkins L.L.P. | 6 | 100% | 2 | 0.4 | 5.38 | 1.000 | 3.13 | 0.00 | 0.00 |
| 43 | A. WINSTON OXLEYVinson & Elkins L.L.P. | 5 | 80% | 1 | 0.3 | 3.50 | 1.000 | 2.00 | 0.00 | 1.44 |
| 44 | Caroline B. BlitzerVinson & Elkins L.L.P. | 5 | 100% | 1 | 0.5 | 2.12 | 1.000 | 1.43 | 0.00 | 2.00 |
| 45 | Caroline Blitzer PhillipsVinson & Elkins L.L.P. | 5 | 60% | 1 | 0.2 | 4.65 | 1.000 | 3.20 | 0.00 | 2.75 |
| 46 | Christopher G. SchmittVinson & Elkins L.L.P. | 5 | 80% | 1 | 0.3 | 3.41 | 1.000 | 1.75 | 0.00 | 0.00 |
| 47 | JAMES H. WILSONVinson & Elkins L.L.P. | 5 | 100% | 2 | 0.5 | 3.94 | 1.000 | 2.79 | 0.00 | 0.86 |
| 48 | Philip T. WarmanVinson & Elkins L.L.P. | 5 | 60% | 1 | 0.5 | 2.14 | 1.000 | 1.43 | 0.00 | 0.83 |
| 49 | Scott D. RubinskyVinson & Elkins L.L.P. | 26 | 96% | 0 | 0.7 | 0.00 | — | 0.00 | 0.00 | 0.72 |
| 50 | Thomas G. ZentnerVinson & Elkins L.L.P. | 21 | 91% | 0 | 0.7 | 0.00 | — | 0.00 | 0.00 | 1.01 |
| How it is known | |||
|---|---|---|---|
| Bristow Group IncBRSWQ (last ticker on record) | Jul 2003 | Named in a filing |
|
| Refco Inc.RFX (last ticker on record) | Mar 2005 | Text search only |
|
| Calumet Specialty Products Partners, L.P.CLMT (last ticker on record) | Oct 2005 | Named in SEC correspondence |
|
| Energy XXI LtdEXXIQ (last ticker on record) | Oct 2006 | Named in SEC correspondence |
|
| IES Holdings, Inc.IESC (last ticker on record) | Jun 2001 | Named in a filing |
|
| MILLER ENERGY RESOURCES, INC.MILL (last ticker on record) | Mar 2014 | Named in SEC correspondence |
|
| PARKER DRILLING COPKD (last ticker on record) | Jan 1997 | Named in a filing |
|
| SANDRIDGE ENERGY INCSD (last ticker on record) | Jan 2006 | Named in SEC correspondence |
|
| COMPUTER SCIENCES CORPCSC (last ticker on record) | Jun 1996 | Named in SEC correspondence |
|
| ELECTRONIC DATA SYSTEMS CORPEDS (last ticker on record) | Jun 2001 | Named in a filing |
|
| HAIN CELESTIAL GROUP INCHAIN (last ticker on record) | Jun 1998 | Named in a filing |
|
| Hyzon Motors Inc.HYZN (last ticker on record) | Aug 2020 | Named in SEC correspondence |
|
| Pediatrix Medical Group, Inc.MD (last ticker on record) | Mar 2001 | Text search only |
|
| STONEMOR PARTNERS LPSTON (last ticker on record) | Apr 2004 | Named in SEC correspondence |
|
| AMERICAN INTERNATIONAL GROUP, INC.AIG (last ticker on record) | Jun 2001 | Text search only |
|
| ASTA FUNDING INCASFI (last ticker on record) | Jan 2017 | Named in SEC correspondence |
|
| DELL INCDELL (last ticker on record) | Mar 1998 | Named in SEC correspondence |
|
| DYNEGY ILLINOIS INC.DYN (last ticker on record) | Sep 1996 | Named in SEC correspondence |
|
| EXPRO GROUP HOLDINGS N.V.XPRO (last ticker on record) | May 2013 | Named in SEC correspondence |
|
| EZCORP INCEZPW (last ticker on record) | Dec 2010 | Named in SEC correspondence |
|
| NATCO GROUP INCNTG (last ticker on record) | Mar 1998 | Named in a filing |
|
| Santander Consumer USA Holdings Inc.SC (last ticker on record) | Jul 2013 | Text search only |
|
| United Airlines Holdings, Inc.UAL (last ticker on record) | Jun 2010 | Named in SEC correspondence |
|
| UNITED AIRLINES, INC.CAL (last ticker on record) | Jun 1999 | Named in a filing |
|
| COMSCORE, INC.SCOR (last ticker on record) | May 2019 | Named in SEC correspondence |
|
| ENRON CORPENRNQ (last ticker on record) | Feb 1994 | Named in SEC correspondence |
|
| HALLIBURTON COHAL (last ticker on record) | Aug 1994 | Named in SEC correspondence |
|
| LSB INDUSTRIES, INC.LXU (last ticker on record) | Mar 2016 | Named in SEC correspondence |
|
| MONEYGRAM INTERNATIONAL INCMGI (last ticker on record) | Dec 2010 | Named in SEC correspondence |
|
| NBTY INCNTY (last ticker on record) | Mar 2006 | Text search only |
|
| OIL STATES INTERNATIONAL, INCOIS (last ticker on record) | Aug 2000 | Named in SEC correspondence |
|
| POSITRON CORPPOSC (last ticker on record) | May 1996 | Named in SEC correspondence |
|
| XWELL, Inc.XWEL (last ticker on record) | Aug 2024 | Named in SEC correspondence |
|
| AT&T INC.T (last ticker on record) | Oct 2001 | Text search only |
|
| SOUTHWEST AIRLINES COLUV (last ticker on record) | Oct 2001 | Named in SEC correspondence |
|
| Exterran Energy Corp.HC (last ticker on record) | Nov 2002 | Named in a filing |
|
| FMC TECHNOLOGIES INCFTI (last ticker on record) | Feb 2001 | Named in a filing |
|
| ProPetro Holding Corp.PUMP (last ticker on record) | Dec 2016 | Named in SEC correspondence |
|
| Stonemor Inc.STON (last ticker on record) | Sep 2019 | Named in SEC correspondence |
|
| Bison Merger Sub I, LLCFMSA (last ticker on record) | Jul 2014 | Named in SEC correspondence |
|
| MIMEDX GROUP, INC.MDXG (last ticker on record) | Apr 2021 | Named in SEC correspondence |
|
| OMEGA PROTEIN CORPOME (last ticker on record) | May 2016 | Named in SEC correspondence |
|
| T-3 ENERGY SERVICES INCTTES (last ticker on record) | Oct 2005 | Named in a filing |
|
| Vantage Drilling COVTG (last ticker on record) | Jun 2016 | Text search only |
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| VANTAGE DRILLING INTERNATIONAL | Jun 2016 | Text search only |
|
| NEXSTAR MEDIA GROUP, INC.NXST (last ticker on record) | Mar 2016 | Text search only |
|
| Select Water Solutions, Inc.WTTR (last ticker on record) | Jan 2017 | Named in SEC correspondence |
|