CRESCENT BIOPHARMA, INC. CBIO (last ticker on record)

CIK 1253689Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
Restructuring

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: 2; Newest began Jul 2024
Largest fall in its shares: 99%; Feb 2018 to Oct 2024
Law firms: 7; Linked to 5 or more companies
Lawyers: 14; Linked to 5 or more companies

What happened

Dec 26, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 30, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jun 26, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 3, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 13, 2022Shares down 95% from their high
Mar 14, 2014Delisting notice (Item 3.01)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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Walkers (Cayman)	Apr 2025	Named in a filing	191	1.25	0.26	0.82
Gibson, Dunn & Crutcher LLP	Feb 2025	Named in SEC correspondence	1,125	1.23	0.20	0.96
Sidley Austin	Feb 2025	Named in SEC correspondence	1,210	1.30	0.14	0.93
Cooley LLP	Aug 2013	Named in SEC correspondence	1,634	0.71	0.44	1.24
Latham & Watkins LLP	Aug 2013	Named in SEC correspondence	2,667	0.98	0.31	1.10
Goodwin Procter	Sep 2017	Text search only	1,221	0.79	0.31	1.17
Gunderson Dettmer	Aug 2013	Text search only	333	1.17	0.66	1.32

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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Peter N. HandrinosLatham & Watkins LLP	Nov 2025	Named in SEC correspondence	85	0.61	0.00	1.34
Wesley C. HolmesLatham & Watkins LLP	Nov 2025	Named in SEC correspondence	53	1.55	1.08	1.36
Asher M. RubinHogan Lovells US LLP	Feb 2025	Named in SEC correspondence	25	0.54	0.00	0.85
Chris TresterGibson, Dunn & Crutcher LLP	Feb 2025	Named in a filing	9	0.00	0.00	0.37
John H. ButlerSidley Austin	Feb 2025	Named in SEC correspondence	20	0.39	0.00	0.80
Ryan A. MurrGibson, Dunn & Crutcher LLP	Feb 2025	Named in SEC correspondence	77	0.53	0.77	0.66
Katie KazemCooley LLP	Oct 2017	Named in SEC correspondence	21	0.00	0.00	0.73
Darren K. DeStefanoCooley LLP	Nov 2013	Named in SEC correspondence	43	0.00	0.00	1.32
Brent B. SilerCooley LLP	Aug 2013	Named in SEC correspondence	51	0.40	0.57	1.70
Brian F. LeafCooley LLP	Aug 2013	Named in SEC correspondence	43	0.00	0.00	1.25
Daniel I. GoldbergCooley LLP	Jul 2026	Text search only	184	0.64	0.00	1.03
Mark BallantyneCooley LLP	Oct 2017	Text search only	29	0.00	0.00	1.31
Michael D. MalineGoodwin Procter	Sep 2017	Text search only	45	0.73	0.00	1.36
Cheston J. LarsonLatham & Watkins LLP	Aug 2013	Text search only	46	0.33	0.34	1.55