Xos, Inc. XOS (last ticker on record)

CIK 1819493Its SEC filings (opens in a new tab)

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

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 2023
Largest fall in its shares: 99%; Sep 2021 to Mar 2026
Law firms: 7; Linked to 5 or more companies
Lawyers: 13; Linked to 5 or more companies

What happened

Jun 28, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 18, 2023Shares down 95% from their high
Mar 8, 2023Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Dec 30, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
May 14, 2021Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Proskauer Rose	Aug 2025	Named in a filing	492	1.15	0.48	1.08
Cooley LLP	May 2021	Named in SEC correspondence	1,634	0.71	0.44	1.24
Ropes & Gray	Aug 2020	Named in SEC correspondence	914	0.98	0.14	0.92
Skadden, Arps, Slate, Meagher & Flom LLP	Aug 2020	Named in SEC correspondence	2,607	1.15	0.19	0.85
Vinson & Elkins L.L.P.	Apr 2022	Text search only	783	1.09	0.11	1.03
Covington & Burling	May 2021	Text search only	447	1.07	0.27	0.99
Maples and Calder	Aug 2020	Text search only	1,144	0.95	0.26	0.92

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	Went dark	95% wipeout
Louis RamboProskauer Rose	Jun 2026	Named in a filing	18	0.92	25.32	1.13
Ben D. OrlanskiManatt, Phelps & Phillips, LLP	Sep 2025	Named in a filing	13	1.42	1.95	2.02
Logan TiariCooley LLP	May 2023	Named in SEC correspondence	12	0.00	—	0.44
Rachel ProffittCooley LLP	Sep 2021	Named in SEC correspondence	16	0.00	0.00	2.17
Dave PeinsippCooley LLP	May 2021	Named in SEC correspondence	43	1.69	0.00	1.73
Dave YoungCooley LLP	May 2021	Named in SEC correspondence	5	3.04	0.00	1.63
David PeinsippCooley LLP	May 2021	Named in SEC correspondence	86	1.13	0.00	1.55
Garth OstermanCooley LLP	May 2021	Named in SEC correspondence	11	2.28	0.00	1.71
Howard L. EllinSkadden, Arps, Slate, Meagher & Flom LLP	May 2021	Named in SEC correspondence	54	1.71	0.00	1.07
June S. DipchandSkadden, Arps, Slate, Meagher & Flom LLP	May 2021	Named in SEC correspondence	9	0.00	0.00	1.27
Kristin VanderPasCooley LLP	May 2021	Named in SEC correspondence	61	0.47	0.00	1.49
David J. GoldschmidtSkadden, Arps, Slate, Meagher & Flom LLP	Aug 2020	Named in SEC correspondence	74	1.03	0.58	1.31
Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLP	Aug 2020	Named in SEC correspondence	206	1.74	0.21	0.99