POWER AIR CORP PWAZ (last ticker on record)
CIK 1310261Its SEC filings (opens in a new tab)
- 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
- 1
- Newest began Jan 2010
- Largest fall in its shares
- —
- None of 95% on record
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 4
- 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)
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 2006 · Named in SEC correspondence · 198 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.40× · 95% wipeout 1.38×
- Lang Michener LLPFirst linked Aug 2005 · Named in SEC correspondence · 90 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 1.17× · 95% wipeout 1.01×
- Stepp Law GroupFirst linked Feb 2005 · Named in a filing · 103 linked companiesSEC/DOJ scrutiny 0.81× · Went dark 1.47× · 95% wipeout 0.73×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Thompson & Knight | Aug 2006 | Named in SEC correspondence | 198 | 1.03 | 0.40 | 1.38 |
| Lang Michener LLP | Aug 2005 | Named in SEC correspondence | 90 | 1.14 | 1.17 | 1.01 |
| Stepp Law Group | Feb 2005 | Named in a filing | 103 | 0.81 | 1.47 | 0.73 |
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.
- Herbert I. OnoLang Michener LLPFirst linked Jul 2006 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 1.79× · 95% wipeout 1.76×
- Michael H. TaylorLang Michener LLPFirst linked Jun 2006 · Named in a filing · 68 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 1.14× · 95% wipeout 0.90×
- Thomas J. DeutschLang Michener LLPFirst linked Jun 2006 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 1.75× · Went dark 2.08× · 95% wipeout 0.52×
- Thomas E. Stepp Jr.Stepp Law GroupFirst linked Feb 2005 · Named in a filing · 110 linked companiesSEC/DOJ scrutiny 0.67× · Went dark 1.40× · 95% wipeout 0.79×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Herbert I. OnoLang Michener LLP | Jul 2006 | Named in a filing | 20 | 0.95 | 1.79 | 1.76 |
| Michael H. TaylorLang Michener LLP | Jun 2006 | Named in a filing | 68 | 1.40 | 1.14 | 0.90 |
| Thomas J. DeutschLang Michener LLP | Jun 2006 | Named in SEC correspondence | 19 | 1.75 | 2.08 | 0.52 |
| Thomas E. Stepp Jr.Stepp Law Group | Feb 2005 | Named in a filing | 110 | 0.67 | 1.40 | 0.79 |