HYDROGEN ENGINE CENTER, INC. HYEG (last ticker on record)
CIK 1272703Its 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 Apr 2008
- Largest fall in its shares
- 99%
- May 2006 to Mar 2009
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- 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)
- Shares 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.
- Davis Brown Koehn Shors & RobertsFirst linked May 2008 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 0.50× · Went dark 0.79× · 95% wipeout 0.82×
- K&L GatesFirst linked May 2008 · Text search only · 723 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 1.35× · 95% wipeout 1.20×
- Lionel Sawyer & CollinsFirst linked May 2008 · Text search only · 128 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.88× · 95% wipeout 1.00×
- Preston Gates & EllisFirst linked May 2008 · Text search only · 159 linked companiesSEC/DOJ scrutiny 1.36× · Went dark 1.62× · 95% wipeout 1.49×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Davis Brown Koehn Shors & Roberts | May 2008 | Named in SEC correspondence | 17 | 0.50 | 0.79 | 0.82 |
| K&L Gates | May 2008 | Text search only | 723 | 1.06 | 1.35 | 1.20 |
| Lionel Sawyer & Collins | May 2008 | Text search only | 128 | 1.07 | 0.88 | 1.00 |
| Preston Gates & Ellis | May 2008 | Text search only | 159 | 1.36 | 1.62 | 1.49 |
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.
- Beverly EvansDavis Brown Koehn Shors & RobertsFirst linked Feb 2006 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 1.30× · 95% wipeout 1.10×
- Matthew OgurickK&L GatesFirst linked Jul 2008 · Text search only · 50 linked companiesSEC/DOJ scrutiny 0.63× · Went dark 1.33× · 95% wipeout 1.34×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Beverly EvansDavis Brown Koehn Shors & Roberts | Feb 2006 | Named in SEC correspondence | 8 | 1.00 | 1.30 | 1.10 |
| Matthew OgurickK&L Gates | Jul 2008 | Text search only | 50 | 0.63 | 1.33 | 1.34 |