PROBEX CORP PRBX (last ticker on record)
CIK 845880Its 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 Jan 2003
- Largest fall in its shares
- 98%
- Feb 2000 to Feb 2003
- Law firms
- 2
- Linked to 5 or more companies
- Lawyers
- 1
- Linked to 5 or more companies
What happened
- SEC action against a company that stopped filingSEC order (opens in a new tab)
- Shares 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.
- Akin GumpFirst linked Nov 2002 · Named in a filing · 582 linked companiesSEC/DOJ scrutiny 1.24× · Went dark 0.52× · 95% wipeout 1.25×
- Jenkens & GilchristFirst linked Nov 2002 · Text search only · 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 |
|---|---|---|---|---|---|---|
| Akin Gump | Nov 2002 | Named in a filing | 582 | 1.24 | 0.52 | 1.25 |
| Jenkens & Gilchrist | Nov 2002 | Text search only | 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.
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Seth R. MolayAkin Gump | Nov 2002 | Text search only | 22 | 0.74 | 1.16 | 1.23 |