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 52.7, 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 | 52.7 | 1.21 | 0.796 |
| 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 | 129.4 | 1.18 | 0.317 |
| Said its accounts could not be relied on | 126 | 116.6 | 1.08 | 1.000 |
| Bankruptcy or receivership | 76 | 46.2 | 1.64 | 0.006 |
| Restructuring or accelerated debt | 182 | 144.9 | 1.26 | 0.052 |
| Delisting notice | 338 | 239.5 | 1.41 | <0.001 |
| SEC accounting enforcement release | 30 | 19.3 | 1.56 | 0.967 |
| 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 | 3.69 | 0.515 | 2.50 | 0.00 | 0.60 |
| 2 | C. MICHAEL HARRINGTONVinson & Elkins L.L.P. | 10 | 70% | 4 | 1.0 | 3.93 | 0.747 | 2.40 | 0.00 | 2.32 |
| 3 | T. Mark KellyVinson & Elkins L.L.P. | 55 | 73% | 8 | 4.4 | 1.83 | 0.908 | 1.64 | 0.20 | 1.77 |
| 4 | David P. OelmanVinson & Elkins L.L.P. | 78 | 87% | 9 | 6.3 | 1.43 | 1.000 | 1.62 | 0.00 | 1.30 |
| 5 | Douglas E. McWilliamsVinson & Elkins L.L.P. | 62 | 90% | 1 | 3.8 | 0.26 | 1.000 | 0.75 | 0.00 | 1.07 |
| 6 | Sarah K. MorganVinson & Elkins L.L.P. | 36 | 100% | 1 | 1.9 | 0.53 | 1.000 | 0.94 | 0.00 | 1.14 |
| 7 | Stephen M. GillVinson & Elkins L.L.P. | 33 | 82% | 2 | 1.5 | 1.32 | 1.000 | 1.69 | 0.00 | 1.12 |
| 8 | Brenda LenahanVinson & Elkins L.L.P. | 31 | 100% | 3 | 1.9 | 1.58 | 1.000 | 1.52 | 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 | 1.76 | 1.000 | 1.26 | 0.00 | 1.52 |
| 11 | Lawrence S. ElbaumVinson & Elkins L.L.P. | 26 | 77% | 1 | 0.9 | 1.13 | 1.000 | 1.17 | 0.00 | 0.79 |
| 12 | Michael S. TelleVinson & Elkins L.L.P. | 26 | 100% | 3 | 1.1 | 2.69 | 1.000 | 1.53 | 0.00 | 1.26 |
| 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 | 1.31 | 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 | 1.98 | 1.000 | 1.18 | 0.00 | 1.45 |
| 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 | 1.23 | 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 | 0.72 | 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 | 1.21 | 1.000 | 0.84 | 0.00 | 1.63 |
| 25 | Jeffery K. MalonsonVinson & Elkins L.L.P. | 12 | 75% | 2 | 1.3 | 1.60 | 1.000 | 1.48 | 0.00 | 0.90 |
| 26 | Doug McWilliamsVinson & Elkins L.L.P. | 11 | 55% | 1 | 0.5 | 2.04 | 1.000 | 1.15 | 0.00 | 1.19 |
| 27 | Michael J. SwidlerVinson & Elkins L.L.P. | 11 | 91% | 1 | 0.7 | 1.36 | 1.000 | 1.30 | 0.00 | 0.00 |
| 28 | SCOTT N. WULFEVinson & Elkins L.L.P. | 11 | 100% | 3 | 1.3 | 2.38 | 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 | 1.32 | 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 | 0.63 |
| 31 | Michael P. FinchVinson & Elkins L.L.P. | 10 | 80% | 2 | 1.3 | 1.59 | 1.000 | 2.25 | 1.24 | 0.90 |
| 32 | Jim PrinceVinson & Elkins L.L.P. | 9 | 67% | 3 | 1.0 | 3.01 | 1.000 | 2.18 | 0.00 | 1.97 |
| 33 | Robert B. LittleVinson & Elkins L.L.P. | 9 | 78% | 1 | 0.6 | 1.81 | 1.000 | 1.61 | 0.00 | 0.00 |
| 34 | Shane M. TuckerVinson & Elkins L.L.P. | 9 | 100% | 1 | 0.4 | 2.26 | 1.000 | 1.22 | 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 | 1.78 | 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 | 2.46 | 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 | 2.40 |
| 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 | 3.14 | 0.00 | 0.00 |
| 43 | A. WINSTON OXLEYVinson & Elkins L.L.P. | 5 | 80% | 1 | 0.3 | 3.50 | 1.000 | 2.01 | 0.00 | 1.44 |
| 44 | Caroline B. BlitzerVinson & Elkins L.L.P. | 5 | 100% | 1 | 0.5 | 2.11 | 1.000 | 1.44 | 0.00 | 2.00 |
| 45 | Caroline Blitzer PhillipsVinson & Elkins L.L.P. | 5 | 60% | 1 | 0.2 | 4.67 | 1.000 | 3.18 | 0.00 | 2.74 |
| 46 | Christopher G. SchmittVinson & Elkins L.L.P. | 5 | 80% | 1 | 0.3 | 3.40 | 1.000 | 1.74 | 0.00 | 0.00 |
| 47 | JAMES H. WILSONVinson & Elkins L.L.P. | 5 | 100% | 2 | 0.5 | 3.94 | 1.000 | 2.80 | 0.00 | 0.86 |
| 48 | Philip T. WarmanVinson & Elkins L.L.P. | 5 | 60% | 1 | 0.5 | 2.13 | 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 | 1.00 |
| 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 |
|
| 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 |
|
| Core Scientific, Inc./txCORZ (last ticker on record) | Jan 2021 | Named in SEC correspondence |
|
| ELECTRONIC DATA SYSTEMS CORPEDS (last ticker on record) | Jun 2001 | Named in a filing |
|
| Hyzon Motors Inc.HYZN (last ticker on record) | Aug 2020 | Named in SEC correspondence |
|
| MAGNUM HUNTER RESOURCES CORPMHRCQ (last ticker on record) | Jun 2006 | Text search only |
|
| Pediatrix Medical Group, Inc.MD (last ticker on record) | Mar 2001 | Text search only |
|
| Pressburg, LLCROAN (last ticker on record) | Jun 2005 | Named in SEC correspondence |
|
| REDDY ICE HOLDINGS INCFRZ (last ticker on record) | Nov 2003 | Text search only |
|
| STONEMOR PARTNERS LPSTON (last ticker on record) | Apr 2004 | Named in SEC correspondence |
|
| TALOS PETROLEUM LLCSGY (last ticker on record) | Oct 1996 | 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 |
|
| EPL OIL & GAS, INC.EPL (last ticker on record) | Jul 2006 | Named in a filing |
|
| 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, INC.CAL (last ticker on record) | Jun 1999 | Named in a filing |
|
| Archrock, Inc.AROC (last ticker on record) | Mar 2007 | Named in SEC correspondence |
|
| Chord Energy CorpCHRD (last ticker on record) | Mar 2010 | Named in SEC correspondence |
|
| CIRRUS LOGIC, INC.CRUS (last ticker on record) | Aug 2006 | Named in a filing |
|
| CYBERONICS INCLIVN (last ticker on record) | Feb 2001 | Named in a filing |
|
| DYNEGY HOLDINGS, LLC | Sep 2000 | Named in a filing |
|
| Enviva, LLCEVVAQ (last ticker on record) | Dec 2013 | Named in SEC correspondence |
|
| Extraction Oil & Gas, Inc.XOG (last ticker on record) | Oct 2015 | Named in SEC correspondence |
|
| Fisker Inc./DEFSRN (last ticker on record) | Oct 2017 | Named in SEC correspondence |
|
| Jones Energy, Inc.JONE (last ticker on record) | Mar 2013 | Named in SEC correspondence |
|
| Kosmos Energy Ltd.KOS (last ticker on record) | Mar 2011 | Text search only |
|
| NBTY INCNTY (last ticker on record) | Mar 2006 | Text search only |
|
| Rosehill Resources Inc.ROSE (last ticker on record) | Jan 2017 | Named in SEC correspondence |
|
| SHAW GROUP INCSHAW (last ticker on record) | Oct 1999 | Named in SEC correspondence |
|
| Sunlight Financial Holdings Inc.SUNL (last ticker on record) | Aug 2020 | Named in SEC correspondence |
|
| Acer Therapeutics Inc.ACER (last ticker on record) | Jul 2005 | Named in SEC correspondence |
|
| AVENTINE RENEWABLE ENERGY HOLDINGS INCAVRW (last ticker on record) | Mar 2006 | Text search only |
|
| Bird Global, Inc.BRDS (last ticker on record) | May 2021 | Named in SEC correspondence |
|
| BLOCKBUSTER INCBBI (last ticker on record) | Jun 2000 | Named in SEC correspondence |
|
| ChargePoint Holdings, Inc.CHPT (last ticker on record) | May 2019 | Named in SEC correspondence |
|
| Cimarex Resolute LLCREN (last ticker on record) | Aug 2009 | Text search only |
|
| Exterran CorpEXTN (last ticker on record) | Aug 2015 | Text search only |
|
| GLOBAL PARTNERS LPGLP (last ticker on record) | May 2005 | Named in SEC correspondence |
|
| GOODRICH PETROLEUM CORPGDP (last ticker on record) | Apr 1995 | Named in SEC correspondence |
|
| Grizzly Energy, LLCVNRR (last ticker on record) | Apr 2007 | Named in SEC correspondence |
|