NewGen Technologies, Inc

CIK 833837Its SEC filings (opens in a new tab)

Restatement
Restructuring

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 2007
Largest fall in its shares: —; None of 95% on record
Law firms: 3; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Jul 17, 2007Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Aug 15, 2006Said 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
Reed Smith	Aug 2007	Named in a filing	487	1.15	0.77	1.13
Sichenzia Ross Ference LLP	Aug 2005	Named in SEC correspondence	1,005	1.27	1.62	1.26
John B. Lowy	Dec 2005	Text search only	10	0.00	1.42	0.00

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.

Thomas A. RoseSichenzia Ross Ference LLPFirst linked Aug 2005 · Named in a filing · 107 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 1.67× · 95% wipeout 1.31×