BLACKSANDS PETROLEUM, INC. BSPE (last ticker on record)
CIK 1308137Its SEC filings (opens in a new tab)
- 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
- 2
- Newest began May 2009
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 5
- 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)
- Far more SEC letters than usualSEC letter (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
- 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.
- Sichenzia Ross Ference LLPFirst linked Sep 2010 · Named in SEC correspondence · 1,005 linked companiesSEC/DOJ scrutiny 1.27× · Went dark 1.62× · 95% wipeout 1.26×
- Dorsey & Whitney LLPFirst linked Jan 2009 · Named in SEC correspondence · 630 linked companiesSEC/DOJ scrutiny 0.83× · Went dark 0.73× · 95% wipeout 1.16×
- LEWIS, KESSLER & KELSCH, a Professional CorporationFirst linked Dec 2004 · Named in a filing · 6 linked companiesSEC/DOJ scrutiny 4.80× · Went dark 0.00× · 95% wipeout 1.53×
- Michael M. KesslerFirst linked Dec 2004 · Text search only · 29 linked companiesSEC/DOJ scrutiny 1.86× · Went dark 1.72× · 95% wipeout 1.22×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sichenzia Ross Ference LLP | Sep 2010 | Named in SEC correspondence | 1,005 | 1.27 | 1.62 | 1.26 |
| Dorsey & Whitney LLP | Jan 2009 | Named in SEC correspondence | 630 | 0.83 | 0.73 | 1.16 |
| LEWIS, KESSLER & KELSCH, a Professional Corporation | Dec 2004 | Named in a filing | 6 | 4.80 | 0.00 | 1.53 |
| Michael M. Kessler | Dec 2004 | Text search only | 29 | 1.86 | 1.72 | 1.22 |
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.
- Andrew SmithSichenzia Ross Ference LLPFirst linked Nov 2012 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 1.72× · 95% wipeout 0.36×
- James M. TurnerSichenzia Ross Ference LLPFirst linked Sep 2010 · Named in SEC correspondence · 37 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 2.41× · 95% wipeout 1.60×
- Marc J. RossSichenzia Ross Ference LLPFirst linked Sep 2010 · Named in a filing · 155 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.96× · 95% wipeout 1.19×
- Kimberley AndersonDorsey & Whitney LLPFirst linked Jan 2009 · Named in SEC correspondence · 24 linked companiesSEC/DOJ scrutiny 0.30× · Went dark 0.00× · 95% wipeout 1.62×
- Michael M. KesslerMichael M. KesslerFirst linked Dec 2004 · Named in a filing · 26 linked companiesSEC/DOJ scrutiny 1.66× · Went dark 1.58× · 95% wipeout 1.05×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Andrew SmithSichenzia Ross Ference LLP | Nov 2012 | Named in SEC correspondence | 15 | 1.20 | 1.72 | 0.36 |
| James M. TurnerSichenzia Ross Ference LLP | Sep 2010 | Named in SEC correspondence | 37 | 1.28 | 2.41 | 1.60 |
| Marc J. RossSichenzia Ross Ference LLP | Sep 2010 | Named in a filing | 155 | 1.34 | 1.96 | 1.19 |
| Kimberley AndersonDorsey & Whitney LLP | Jan 2009 | Named in SEC correspondence | 24 | 0.30 | 0.00 | 1.62 |
| Michael M. KesslerMichael M. Kessler | Dec 2004 | Named in a filing | 26 | 1.66 | 1.58 | 1.05 |