BASIC ENERGY SERVICES, INC. BASX (last ticker on record)
CIK 1109189Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 95% wipeout
- Delisting notice (not a red flag)
- Bankruptcy
- Restructuring
- Went dark (not a red flag)
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
- 4
- Newest began Aug 2021
- Largest fall in its shares
- 98%
- Feb 2017 to Nov 2019
- Law firms
- 15
- Linked to 5 or more companies
- Lawyers
- 9
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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)
- A filing mentions a formal order of investigationForm 8-K (opens in a new tab)
- Delisting notice (Item 3.01)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.
- Thompson & KnightFirst linked May 2019 · Named in a filing · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- Bryan CaveFirst linked Dec 2012 · Named in a filing · 471 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.76× · 95% wipeout 0.98×
- Crowe & Dunlevy A Professional CorporationFirst linked Dec 2012 · Named in a filing · 31 linked companiesSEC/DOJ scrutiny 1.42× · Went dark 0.42× · 95% wipeout 1.41×
- Porter & HedgesFirst linked Jun 2008 · Named in a filing · 108 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.36× · 95% wipeout 1.44×
- Lynch Chappell & AlsupFirst linked Aug 2005 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 0.99× · Went dark 0.94× · 95% wipeout 1.21×
- Andrews Kurth LLPFirst linked Mar 2000 · Named in SEC correspondence · 398 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 0.35× · 95% wipeout 1.30×
- Shearman & SterlingFirst linked Sep 2009 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
- White & CaseFirst linked Sep 2009 · Text search only · 907 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.33× · 95% wipeout 0.91×
- Foster PepperFirst linked Jul 2006 · Text search only · 43 linked companiesSEC/DOJ scrutiny 0.81× · Went dark 0.62× · 95% wipeout 1.92×
- Baker, Donelson, Bearman, Caldwell & Berkowitz, PCFirst linked Dec 2005 · Text search only · 149 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 1.18× · 95% wipeout 1.15×
- Bracewell LLPFirst linked Dec 2005 · Text search only · 247 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.31× · 95% wipeout 1.03×
- Bracewell & GuilianiFirst linked Dec 2005 · Text search only · 13 linked companiesSEC/DOJ scrutiny 1.02× · Went dark 1.02× · 95% wipeout 2.24×
- Cahill Gordon & ReindelFirst linked Aug 2005 · Text search only · 598 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.18× · 95% wipeout 0.77×
- Gibson, Dunn & Crutcher LLPFirst linked Aug 2005 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Weil, Gotshal & Manges LLPFirst linked Aug 2005 · Text search only · 1,051 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.27× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Thompson & Knight | May 2019 | Named in a filing | 198 | 1.03 | 0.40 | 1.38 |
| Bryan Cave | Dec 2012 | Named in a filing | 471 | 1.09 | 0.76 | 0.98 |
| Crowe & Dunlevy A Professional Corporation | Dec 2012 | Named in a filing | 31 | 1.42 | 0.42 | 1.41 |
| Porter & Hedges | Jun 2008 | Named in a filing | 108 | 1.13 | 0.36 | 1.44 |
| Lynch Chappell & Alsup | Aug 2005 | Named in a filing | 9 | 0.99 | 0.94 | 1.21 |
| Andrews Kurth LLP | Mar 2000 | Named in SEC correspondence | 398 | 1.27 | 0.35 | 1.30 |
| Shearman & Sterling | Sep 2009 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
| White & Case | Sep 2009 | Text search only | 907 | 1.04 | 0.33 | 0.91 |
| Foster Pepper | Jul 2006 | Text search only | 43 | 0.81 | 0.62 | 1.92 |
| Baker, Donelson, Bearman, Caldwell & Berkowitz, PC | Dec 2005 | Text search only | 149 | 0.72 | 1.18 | 1.15 |
| Bracewell LLP | Dec 2005 | Text search only | 247 | 0.93 | 0.31 | 1.03 |
| Bracewell & Guiliani | Dec 2005 | Text search only | 13 | 1.02 | 1.02 | 2.24 |
| Cahill Gordon & Reindel | Aug 2005 | Text search only | 598 | 1.03 | 0.18 | 0.77 |
| Gibson, Dunn & Crutcher LLP | Aug 2005 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Weil, Gotshal & Manges LLP | Aug 2005 | Text search only | 1,051 | 1.31 | 0.27 | 0.91 |
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.
- Jessica W. HammonsThompson & KnightFirst linked May 2019 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.64× · 95% wipeout 4.38×
- Wesley P. WilliamsThompson & KnightFirst linked May 2019 · Named in a filing · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.33× · 95% wipeout 3.46×
- Roger A. StongCrowe & Dunlevy A Professional CorporationFirst linked Dec 2012 · Named in a filing · 15 linked companiesSEC/DOJ scrutiny 2.34× · Went dark 0.93× · 95% wipeout 1.37×
- David C. BuckAndrews Kurth LLPFirst linked Aug 2005 · Named in SEC correspondence · 24 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.27× · 95% wipeout 2.27×
- Phillip A. WylieFirst linked Jul 2006 · Text search only · 7 linked companiesSEC/DOJ scrutiny 4.33× · Went dark 1.27× · 95% wipeout 0.76×
- Tonya Mitchem GrindonBaker, Donelson, Bearman, Caldwell & Berkowitz, PCFirst linked Dec 2005 · Text search only · 13 linked companiesSEC/DOJ scrutiny 2.54× · Went dark 1.24× · 95% wipeout 2.03×
- STEVEN D. RUBINStearns Weaver Miller Weissler Alhadeff & Sitterson, P.A.First linked Aug 2005 · Text search only · 12 linked companiesSEC/DOJ scrutiny 2.09× · Went dark 2.69× · 95% wipeout 1.14×
- Steven K. TalleyGibson, Dunn & Crutcher LLPFirst linked Aug 2005 · Text search only · 8 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 2.17× · 95% wipeout 1.98×
- Thomas P. MasonVinson & Elkins L.L.P.First linked Aug 2005 · Text search only · 20 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.72× · 95% wipeout 1.62×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Jessica W. HammonsThompson & Knight | May 2019 | Named in a filing | 6 | 0.00 | 1.64 | 4.38 |
| Wesley P. WilliamsThompson & Knight | May 2019 | Named in a filing | 9 | 0.00 | 1.33 | 3.46 |
| Roger A. StongCrowe & Dunlevy A Professional Corporation | Dec 2012 | Named in a filing | 15 | 2.34 | 0.93 | 1.37 |
| David C. BuckAndrews Kurth LLP | Aug 2005 | Named in SEC correspondence | 24 | 0.98 | 1.27 | 2.27 |
| Phillip A. Wylie | Jul 2006 | Text search only | 7 | 4.33 | 1.27 | 0.76 |
| Tonya Mitchem GrindonBaker, Donelson, Bearman, Caldwell & Berkowitz, PC | Dec 2005 | Text search only | 13 | 2.54 | 1.24 | 2.03 |
| STEVEN D. RUBINStearns Weaver Miller Weissler Alhadeff & Sitterson, P.A. | Aug 2005 | Text search only | 12 | 2.09 | 2.69 | 1.14 |
| Steven K. TalleyGibson, Dunn & Crutcher LLP | Aug 2005 | Text search only | 8 | 0.96 | 2.17 | 1.98 |
| Thomas P. MasonVinson & Elkins L.L.P. | Aug 2005 | Text search only | 20 | 1.46 | 0.72 | 1.62 |