AMERICAN ECO CORP ECGO (last ticker on record)
CIK 868076Its 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 Apr 2000
- Largest fall in its shares
- 98%
- Feb 1998 to May 2000
- Law firms
- 3
- 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.
- Thelen Reid & PriestFirst linked Jul 1998 · Named in a filing · 124 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.16× · 95% wipeout 1.20×
- Cassels Brock & BlackwellFirst linked Jul 1997 · Named in a filing · 102 linked companiesSEC/DOJ scrutiny 0.99× · Went dark 0.79× · 95% wipeout 0.77×
- Reid & Priest LLPFirst linked Jul 1997 · Named in a filing · 54 linked companiesSEC/DOJ scrutiny 1.38× · Went dark 0.67× · 95% wipeout 0.91×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Thelen Reid & Priest | Jul 1998 | Named in a filing | 124 | 0.98 | 1.16 | 1.20 |
| Cassels Brock & Blackwell | Jul 1997 | Named in a filing | 102 | 0.99 | 0.79 | 0.77 |
| Reid & Priest LLP | Jul 1997 | Named in a filing | 54 | 1.38 | 0.67 | 0.91 |
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 |
|---|---|---|---|---|---|---|
| Bruce A. RichThelen Reid & Priest | Jul 1997 | Named in a filing | 12 | 0.82 | 0.64 | 0.80 |