BPZ RESOURCES, INC. BPZ (last ticker on record)
CIK 1023734Its SEC filings (opens in a new tab)
- Restatement
- SEC/DOJ scrutiny
- Delisting notice (not a red flag)
- 95% wipeout
- Bankruptcy
- 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
- 5
- Newest began Mar 2015
- Largest fall in its shares
- 99%
- Jun 2014 to Oct 2015
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)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.
- Seyfarth ShawFirst linked Sep 2008 · Named in SEC correspondence · 102 linked companiesSEC/DOJ scrutiny 1.57× · Went dark 1.38× · 95% wipeout 1.25×
- Holland & HartFirst linked Jun 2006 · Named in SEC correspondence · 240 linked companiesSEC/DOJ scrutiny 0.82× · Went dark 0.92× · 95% wipeout 0.86×
- Adams and ReeseFirst linked Feb 2005 · Named in SEC correspondence · 37 linked companiesSEC/DOJ scrutiny 1.78× · Went dark 0.43× · 95% wipeout 1.55×
- Benesch Friedlander Coplan & AronoffFirst linked Aug 1999 · Named in a filing · 55 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.77× · 95% wipeout 1.31×
- Ballard SpahrFirst linked Feb 1999 · Named in SEC correspondence · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
- Cohen Brame & Smith Professional CorporationFirst linked Oct 1996 · Named in a filing · 8 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 1.36× · 95% wipeout 1.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Seyfarth Shaw | Sep 2008 | Named in SEC correspondence | 102 | 1.57 | 1.38 | 1.25 |
| Holland & Hart | Jun 2006 | Named in SEC correspondence | 240 | 0.82 | 0.92 | 0.86 |
| Adams and Reese | Feb 2005 | Named in SEC correspondence | 37 | 1.78 | 0.43 | 1.55 |
| Benesch Friedlander Coplan & Aronoff | Aug 1999 | Named in a filing | 55 | 1.15 | 0.77 | 1.31 |
| Ballard Spahr | Feb 1999 | Named in SEC correspondence | 492 | 1.23 | 1.06 | 0.73 |
| Cohen Brame & Smith Professional Corporation | Oct 1996 | Named in a filing | 8 | 0.93 | 1.36 | 1.85 |
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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Roger V. DavidsonBallard Spahr | Jul 1998 | Named in SEC correspondence | 18 | 0.45 | 1.34 | 1.78 |