TXCO Resources Inc TXCO (last ticker on record)
CIK 313395Its SEC filings (opens in a new tab)
- SEC/DOJ scrutiny
- 95% wipeout
- Restructuring
- Bankruptcy
- Delisting notice (not a red flag)
- 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
- 4
- Newest began May 2009
- Largest fall in its shares
- 99%
- Feb 2008 to Nov 2009
- Law firms
- 3
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- SEC administrative actionSEC order (opens in a new tab)
- An SEC release names it, an officer or its stockSEC release (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.
- Fulbright & JaworskiFirst linked Apr 2008 · Named in SEC correspondence · 359 linked companiesSEC/DOJ scrutiny 1.10× · Went dark 0.75× · 95% wipeout 1.35×
- Winstead PCFirst linked Apr 2007 · Named in a filing · 121 linked companiesSEC/DOJ scrutiny 1.19× · Went dark 0.85× · 95% wipeout 1.27×
- Jenkens & GilchristFirst linked Apr 2006 · Named in a filing · 279 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.71× · 95% wipeout 1.11×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Fulbright & Jaworski | Apr 2008 | Named in SEC correspondence | 359 | 1.10 | 0.75 | 1.35 |
| Winstead PC | Apr 2007 | Named in a filing | 121 | 1.19 | 0.85 | 1.27 |
| Jenkens & Gilchrist | Apr 2006 | Named in a filing | 279 | 1.12 | 0.71 | 1.11 |
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.
- Roy L. GoldmanFulbright & JaworskiFirst linked May 2008 · Named in SEC correspondence · 10 linked companiesSEC/DOJ scrutiny 1.44× · Went dark 5.02× · 95% wipeout 2.98×
- Daryl L. LansdaleFulbright & JaworskiFirst linked Mar 2008 · Named in SEC correspondence · 8 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.62× · 95% wipeout 2.89×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Roy L. GoldmanFulbright & Jaworski | May 2008 | Named in SEC correspondence | 10 | 1.44 | 5.02 | 2.98 |
| Daryl L. LansdaleFulbright & Jaworski | Mar 2008 | Named in SEC correspondence | 8 | 1.23 | 1.62 | 2.89 |