THERMOENERGY CORP TMEN (last ticker on record)
CIK 884504Its SEC filings (opens in a new tab)
- Restructuring
- Delisting notice (not a red flag)
- Restatement
- 95% wipeout
- SEC/DOJ scrutiny
- 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 Feb 2016
- Largest fall in its shares
- 99%
- Jan 2005 to Jun 2014
- 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)
- A Justice Department statement names it, an officer or its stockJustice Department (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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.
- Nixon PeabodyFirst linked Jun 2011 · Named in SEC correspondence · 196 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.78× · 95% wipeout 0.90×
- Posternak Blankstein & LundFirst linked Jun 2011 · Text search only · 12 linked companiesSEC/DOJ scrutiny 1.16× · Went dark 1.39× · 95% wipeout 3.04×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Nixon Peabody | Jun 2011 | Named in SEC correspondence | 196 | 1.13 | 0.78 | 0.90 |
| Posternak Blankstein & Lund | Jun 2011 | Text search only | 12 | 1.16 | 1.39 | 3.04 |
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 |
|---|---|---|---|---|---|---|
| William E. KellyNixon Peabody | Dec 2007 | Named in SEC correspondence | 9 | 3.20 | 2.32 | 3.15 |