STAR GROUP, L.P. SGU (last ticker on record)

CIK 1002590Its SEC filings (opens in a new tab)

95% wipeout
Restatement
Restructuring

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.

Red flags: 3; Newest began Jan 2010
Largest fall in its shares: 95%; Mar 2004 to Nov 2005
Law firms: 2; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Nov 16, 2010Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Jan 15, 2010Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Dec 28, 2006Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
May 17, 2006Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 9, 2005Shares down 95% from their high
Nov 19, 2004Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)

An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.

Law firms

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Andrews Kurth LLP	Oct 1998	Named in a filing	398	1.27	0.35	1.30
Phillips Nizer LLP	Nov 1997	Named in SEC correspondence	45	0.98	1.85	0.83

Lawyers

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Brian BrodrickPhillips Nizer LLPFirst linked Jun 2000 · Named in SEC correspondence · 13 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 3.23× · 95% wipeout 0.87×