BION ENVIRONMENTAL TECHNOLOGIES INC BNET (last ticker on record)

CIK 875729Its SEC filings (opens in a new tab)

SEC/DOJ scrutiny
Restatement
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: 3; Newest began Jul 2024
Largest fall in its shares: 99%; Feb 2006 to Apr 2025
Law firms: 3; Linked to 5 or more companies
Lawyers: 1; Linked to 5 or more companies

What happened

Jul 30, 2024Shares down 95% from their high
Mar 9, 2007Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Mar 11, 1996SEC administrative actionSEC order (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
Jon D. Sawyer	May 2014	Named in a filing	16	0.51	2.22	2.18
Jin, Schauer & Saad LLC	Oct 2009	Named in a filing	7	2.02	2.52	2.68
Krys Boyle, P.C.	Jun 1996	Named in SEC correspondence	32	1.27	1.15	1.97

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.

Jon D. SawyerKrys Boyle, P.C.First linked Oct 2009 · Named in a filing · 28 linked companiesSEC/DOJ scrutiny 1.83× · Went dark 1.52× · 95% wipeout 2.41×