BROADWIND, INC. BWEN (last ticker on record)

CIK 1120370Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
Restatement
SEC/DOJ scrutiny

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 Jul 2014
Largest fall in its shares: 99%; Jun 2008 to Mar 2020
Law firms: 9; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Dec 2, 2015An SEC release names it, an officer or its stockSEC release (opens in a new tab)
Dec 2, 2015An SEC release names it, an officer or its stockSEC release (opens in a new tab)
Jul 31, 2014A filing mentions a Wells noticeForm 10-Q (opens in a new tab)
Feb 6, 2014Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
May 9, 2012A filing mentions an SEC subpoenaForm 10-Q (opens in a new tab)
Nov 4, 2011A filing mentions a grand jury subpoenaForm 10-Q (opens in a new tab)
Nov 4, 2011A filing mentions an SEC subpoenaForm 10-Q (opens in a new tab)
Sep 23, 2011Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 7, 2011Shares down 95% from their high
Dec 5, 2008Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Vinson & Elkins L.L.P.	Mar 2023	Named in SEC correspondence	783	1.09	0.11	1.03
Thompson Coburn	Aug 2017	Named in SEC correspondence	85	1.13	1.01	1.33
Davis Polk	Oct 2009	Named in SEC correspondence	1,694	1.26	0.06	1.02
Sidley Austin	May 2009	Named in SEC correspondence	1,210	1.30	0.14	0.93
Loeb & Loeb LLP	Jan 2010	Text search only	838	0.92	0.99	1.10
Walkers (Cayman)	Jan 2010	Text search only	191	1.25	0.26	0.82
Mayer Brown	Jul 2009	Text search only	680	0.98	0.34	0.94
Barack Ferrazzano Kirschbaum & Nagelberg LLP	May 2009	Text search only	104	0.49	0.18	0.75
Fredrikson & Byron, P.A.	Jul 2008	Text search only	154	0.55	0.53	1.07

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Lawrence S. ElbaumVinson & Elkins L.L.P.	Apr 2023	Named in SEC correspondence	26	1.17	0.00	0.80
David J. KaufmanDuane Morris	Aug 2020	Named in SEC correspondence	18	0.38	0.00	0.98
ANDREW J. KLINGHAMMERThompson Coburn	Aug 2017	Named in SEC correspondence	5	1.42	0.00	0.00
Michele C. KloeppelThompson Coburn	Aug 2017	Named in SEC correspondence	7	0.00	0.00	0.00
Michael KaplanDavis Polk	Oct 2009	Named in SEC correspondence	112	1.20	0.00	0.89
Robert L. VeriganSidley Austin	May 2009	Named in SEC correspondence	12	1.68	0.00	0.51
Patrick GadsonVinson & Elkins L.L.P.	Mar 2023	Text search only	17	1.78	0.00	1.00
Ryan C. BrauerFredrikson & Byron, P.A.	Jul 2008	Text search only	16	1.27	2.54	1.23
Sarah M. BernsteinBarack Ferrazzano Kirschbaum & Nagelberg LLP	Jan 2008	Text search only	5	1.73	0.00	0.99