As bad as Williams was on EIGH and CDIV (which just about totally wiped out everyone who played them), nothing compares to the shellacking he gave people on SUGO. That one has fallen from the $2.00+ level (he pumped it to $3.00) to a mere 4 cents. That is a 98% whack job.
EIGH acquired a tremendous amount of liability when they acquired Monk's Den. If the SEC doesn't wipe EIGH out, the coming lawsuits against Williams will certainly finish off the job.