CANO PETROLEUM, INC CFW (last ticker on record)
CIK 1253710Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- 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
- 4
- Newest began Mar 2012
- Largest fall in its shares
- 99%
- Feb 2006 to Jul 2012
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 4
- 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)
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K/A (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)
- Delisting notice (Item 3.01)Form 8-K/A (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
- 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.
- Thompson & KnightFirst linked Aug 2009 · Named in SEC correspondence · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- Ballard SpahrFirst linked Dec 2007 · Named in a filing · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
- Haynes and BooneFirst linked Mar 2006 · Named in SEC correspondence · 353 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.56× · 95% wipeout 0.84×
- Sichenzia Ross Ference LLPFirst linked Jun 2005 · Named in a filing · 1,005 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 1.62× · 95% wipeout 1.26×
- Goodwin ProcterFirst linked Aug 2005 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Thompson & Knight | Aug 2009 | Named in SEC correspondence | 198 | 1.03 | 0.40 | 1.38 |
| Ballard Spahr | Dec 2007 | Named in a filing | 492 | 1.23 | 1.06 | 0.73 |
| Haynes and Boone | Mar 2006 | Named in SEC correspondence | 353 | 1.03 | 0.56 | 0.84 |
| Sichenzia Ross Ference LLP | Jun 2005 | Named in a filing | 1,005 | 1.27 | 1.62 | 1.26 |
| Goodwin Procter | Aug 2005 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
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.
- Wesley P. WilliamsThompson & KnightFirst linked Aug 2009 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.33× · 95% wipeout 3.46×
- Bruce NewsomeHaynes and BooneFirst linked Oct 2006 · Named in a filing · 18 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 0.00× · 95% wipeout 1.22×
- David SchubauerSichenzia Ross Ference LLPFirst linked Jun 2005 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 1.79× · Went dark 1.69× · 95% wipeout 1.59×
- Marc J. RossSichenzia Ross Ference LLPFirst linked Jun 2005 · Named in a filing · 155 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.96× · 95% wipeout 1.19×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Wesley P. WilliamsThompson & Knight | Aug 2009 | Named in SEC correspondence | 9 | 0.00 | 1.33 | 3.46 |
| Bruce NewsomeHaynes and Boone | Oct 2006 | Named in a filing | 18 | 0.67 | 0.00 | 1.22 |
| David SchubauerSichenzia Ross Ference LLP | Jun 2005 | Named in a filing | 20 | 1.79 | 1.69 | 1.59 |
| Marc J. RossSichenzia Ross Ference LLP | Jun 2005 | Named in a filing | 155 | 1.34 | 1.96 | 1.19 |