Mersana Therapeutics, Inc. MRSN (last ticker on record)
CIK 1442836Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
- Delisting notice (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
- 2
- Newest began Jul 2023
- Largest fall in its shares
- 99%
- Dec 2020 to Aug 2025
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 10
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)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.
- Fenwick & West LLPFirst linked Jan 2026 · Named in a filing · 443 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.21× · 95% wipeout 1.23×
- Ropes & GrayFirst linked Mar 2017 · Named in SEC correspondence · 914 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.14× · 95% wipeout 0.91×
- WILMER, CUTLER & PICKERINGFirst linked Mar 2017 · Named in a filing · 662 linked companiesSEC/DOJ scrutiny 1.14× · Went dark 0.33× · 95% wipeout 1.23×
- Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.First linked Jul 2018 · Text search only · 567 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.60× · 95% wipeout 1.18×
- Cooley LLPFirst linked Jun 2017 · Text search only · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.21×
- Covington & BurlingFirst linked Mar 2017 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.97×
- Gunderson DettmerFirst linked Mar 2017 · Text search only · 333 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.66× · 95% wipeout 1.28×
- Mayer BrownFirst linked Mar 2017 · Text search only · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.93×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Fenwick & West LLP | Jan 2026 | Named in a filing | 443 | 0.95 | 0.21 | 1.23 |
| Ropes & Gray | Mar 2017 | Named in SEC correspondence | 914 | 0.97 | 0.14 | 0.91 |
| WILMER, CUTLER & PICKERING | Mar 2017 | Named in a filing | 662 | 1.14 | 0.33 | 1.23 |
| Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. | Jul 2018 | Text search only | 567 | 0.92 | 0.60 | 1.18 |
| Cooley LLP | Jun 2017 | Text search only | 1,634 | 0.71 | 0.44 | 1.21 |
| Covington & Burling | Mar 2017 | Text search only | 447 | 1.07 | 0.27 | 0.97 |
| Gunderson Dettmer | Mar 2017 | Text search only | 333 | 1.17 | 0.66 | 1.28 |
| Mayer Brown | Mar 2017 | Text search only | 680 | 0.98 | 0.34 | 0.93 |
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.
- David K. MichaelsFenwick & West LLPFirst linked Jan 2026 · Named in a filing · 64 linked companiesSEC/DOJ scrutiny 1.53× · Went dark 0.00× · 95% wipeout 0.65×
- Julia ForbessFenwick & West LLPFirst linked Jan 2026 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.64×
- Robert A. FreedmanFenwick & West LLPFirst linked Jan 2026 · Named in a filing · 69 linked companiesSEC/DOJ scrutiny 0.86× · Went dark 0.53× · 95% wipeout 0.94×
- Andrea SorrentinoWILMER, CUTLER & PICKERINGFirst linked Dec 2025 · Named in a filing · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.60×
- Christopher D. Barnstable-BrownWILMER, CUTLER & PICKERINGFirst linked Dec 2025 · Named in a filing · 13 linked companiesSEC/DOJ scrutiny 1.35× · Went dark 0.00× · 95% wipeout 1.13×
- Stuart M. FalberWILMER, CUTLER & PICKERINGFirst linked Dec 2025 · Named in a filing · 32 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 1.24×
- Craig HiltsWILMER, CUTLER & PICKERINGFirst linked Feb 2022 · Named in a filing · 19 linked companiesSEC/DOJ scrutiny 1.84× · Went dark 0.00× · 95% wipeout 0.93×
- Rosemary G. ReillyWILMER, CUTLER & PICKERINGFirst linked Feb 2022 · Named in a filing · 24 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 0.00× · 95% wipeout 1.30×
- William J. MichenerRopes & GrayFirst linked Jun 2017 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.26×
- Marc A. RubensteinRopes & GrayFirst linked Mar 2017 · Named in SEC correspondence · 48 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 0.56× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David K. MichaelsFenwick & West LLP | Jan 2026 | Named in a filing | 64 | 1.53 | 0.00 | 0.65 |
| Julia ForbessFenwick & West LLP | Jan 2026 | Named in a filing | 19 | 0.00 | 0.00 | 0.64 |
| Robert A. FreedmanFenwick & West LLP | Jan 2026 | Named in a filing | 69 | 0.86 | 0.53 | 0.94 |
| Andrea SorrentinoWILMER, CUTLER & PICKERING | Dec 2025 | Named in a filing | 5 | 0.00 | 0.00 | 0.60 |
| Christopher D. Barnstable-BrownWILMER, CUTLER & PICKERING | Dec 2025 | Named in a filing | 13 | 1.35 | 0.00 | 1.13 |
| Stuart M. FalberWILMER, CUTLER & PICKERING | Dec 2025 | Named in a filing | 32 | 1.05 | 0.00 | 1.24 |
| Craig HiltsWILMER, CUTLER & PICKERING | Feb 2022 | Named in a filing | 19 | 1.84 | 0.00 | 0.93 |
| Rosemary G. ReillyWILMER, CUTLER & PICKERING | Feb 2022 | Named in a filing | 24 | 1.01 | 0.00 | 1.30 |
| William J. MichenerRopes & Gray | Jun 2017 | Named in SEC correspondence | 21 | 0.00 | 0.00 | 1.26 |
| Marc A. RubensteinRopes & Gray | Mar 2017 | Named in SEC correspondence | 48 | 0.64 | 0.56 | 1.25 |