Linked to 5 companies since Mar 2011. A filing names them for all of those.
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.
0 of these companies later showed signs of SEC or DOJ scrutiny and had another red flag. Comparable companies would show 0.3, so that is 0.00× 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 | 0 | 0.3 | 0.00 | — |
| SEC or DOJ scrutiny | 0 | 0.6 | 0.00 | — |
| Stopped filing, and the SEC acted | 1 | 0.2 | 4.47 | 1.000 |
| Shares fell 95% from their high | 2 | 0.7 | 2.74 | 1.000 |
| Two or more different red flags | 0 | 0.8 | 0.00 | — |
| Said its accounts could not be relied on | 0 | 0.6 | 0.00 | — |
| Bankruptcy or receivership | 0 | 0.3 | 0.00 | — |
| Restructuring or accelerated debt | 0 | 1.1 | 0.00 | — |
| Delisting notice | 1 | 1.9 | 0.52 | 1.000 |
| SEC accounting enforcement release | 0 | 0.1 | 0.00 | — |
| An SEC release or DOJ statement names it, an officer or its stock | 0 | 0.3 | 0.00 | — |
