American Sands Energy Corp. AMSE (last ticker on record)

CIK 1432001Its SEC filings (opens in a new tab)

95% wipeout
Went dark (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: 1; Newest began Oct 2015
Largest fall in its shares: 97%; Nov 2012 to Jul 2016
Law firms: 2; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Sep 19, 2018SEC action against a company that stopped filingSEC order (opens in a new tab)
Oct 23, 2015Shares 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Ronald N. Vance	Jul 2011	Named in SEC correspondence	22	0.38	1.73	1.36
Vance, Higley & Associates, P.C.	Jul 2011	Named in SEC correspondence	7	0.00	2.26	2.28

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.

Ronald N. VanceRonald N. VanceFirst linked Jul 2011 · Named in SEC correspondence · 12 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.58× · 95% wipeout 1.71×