CHINA GREEN MATERIAL TECHNOLOGIES, INC. CAGM (last ticker on record)

CIK 1082384Its SEC filings (opens in a new tab)

95% wipeout
Restatement

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: 2; Newest began Mar 2011
Largest fall in its shares: 99%; Apr 2000 to Sep 2001
Law firms: 2; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Mar 21, 2011Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Apr 3, 2001Shares down 95% from their high

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
Troutman Sanders LLP	Oct 2010	Named in SEC correspondence	335	1.15	0.61	1.16
Pillsbury Madison & Sutro LLP	Apr 2000	Named in a filing	117	0.92	1.45	1.16

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.

Timothy I. KahlerTroutman Sanders LLPFirst linked Oct 2010 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.39× · 95% wipeout 0.82×