ORION ENERGY SYSTEMS, INC. OESX (last ticker on record)

CIK 1409375Its SEC filings (opens in a new tab)

Restatement
95% wipeout
Delisting notice (not a red flag)

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 Jul 2017
Largest fall in its shares: 97%; Dec 2007 to Dec 2018
Law firms: 5; Linked to 5 or more companies
Lawyers: 7; Linked to 5 or more companies

What happened

Sep 8, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 21, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 20, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 5, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 22, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 6, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 30, 2018Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 1, 2017Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 21, 2017Shares down 95% from their high
Jun 4, 2015Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Mar 30, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 15, 2012Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 2, 2012Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jul 7, 2011Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 14, 2011Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Mar 25, 2010Delisting notice (Item 3.01)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
Foley & Lardner	Aug 2007	Named in SEC correspondence	498	1.00	0.71	1.02
Latham & Watkins LLP	Aug 2007	Named in SEC correspondence	2,667	0.98	0.31	1.10
White & Case	Nov 2007	Text search only	907	1.04	0.33	0.91
Covington & Burling	Aug 2007	Text search only	447	1.07	0.27	0.99
King & Spalding	Aug 2007	Text search only	426	1.28	0.35	1.04

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	95% wipeout
Garrett F. BishopFoley & Lardner	Mar 2023	Named in a filing	15	1.06	0.78
Kirk A. DavenportLatham & Watkins LLP	Aug 2007	Named in SEC correspondence	52	0.77	0.80
Peter C. UnderwoodFoley & Lardner	Aug 2007	Named in SEC correspondence	5	1.77	2.62
Steven R. BarthFoley & Lardner	Aug 2007	Named in SEC correspondence	13	0.59	0.86
Colin J. DiamondWhite & Case	Nov 2007	Text search only	83	0.61	0.82
PAUL V. ROGERSCovington & Burling	Aug 2007	Text search only	6	1.14	2.29
William G. RocheKing & Spalding	Aug 2007	Text search only	5	1.72	2.73