ImmunityBio, Inc. IBRX (last ticker on record)

CIK 1326110Its SEC filings (opens in a new tab)

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: 2; Newest began Mar 2023
Largest fall in its shares: 97%; Jul 2015 to Dec 2018
Law firms: 9; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Mar 6, 2023Shares down 95% from their high
Nov 29, 2018Shares down 95% from their high
Mar 11, 2016Said its accounts could not be relied on (Item 4.02)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
Goodwin Procter	Jan 2021	Named in a filing	1,221	0.79	0.31	1.17
Fried Frank	Dec 2020	Named in a filing	540	1.33	0.24	0.94
Cooley LLP	May 2015	Named in SEC correspondence	1,634	0.71	0.44	1.24
Wilson Sonsini Goodrich & Rosati	May 2015	Named in SEC correspondence	1,468	1.09	0.60	1.42
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Jan 2021	Text search only	567	0.92	0.60	1.20
Foley & Lardner	Jul 2015	Text search only	498	1.00	0.71	1.02
Cohen & Grigsby	Jun 2015	Text search only	22	0.75	0.00	1.84
Greenberg Traurig	Jun 2015	Text search only	1,223	1.01	1.03	1.10
Paul Hastings	Jun 2015	Text search only	768	0.98	0.72	1.09

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
Lisa R. HaddadGoodwin Procter	Dec 2020	Named in a filing	22	0.43	0.00	0.28
Stuart M. CableGoodwin Procter	Dec 2020	Named in a filing	59	0.66	0.00	1.09
Thomas E. HornishWilson Sonsini Goodrich & Rosati	Aug 2019	Named in SEC correspondence	11	4.08	0.00	2.04
Tom HornishWilson Sonsini Goodrich & Rosati	Aug 2019	Named in SEC correspondence	5	5.17	0.00	2.26
Sean M. ClaytonCooley LLP	Jun 2015	Named in SEC correspondence	28	0.73	0.00	1.38
Charles S. KimCooley LLP	May 2015	Named in SEC correspondence	118	0.41	0.00	1.37
Dan KoeppenWilson Sonsini Goodrich & Rosati	May 2015	Named in SEC correspondence	16	0.00	0.00	1.50
Martin J. WatersWilson Sonsini Goodrich & Rosati	May 2015	Named in SEC correspondence	24	1.91	0.88	2.49
Anthony J. MarsicoGreenberg Traurig	Jun 2015	Text search only	33	0.38	3.57	1.29
Jeffrey T. HartlinPaul Hastings	Jun 2015	Text search only	28	0.77	1.22	1.70