Cartesian Therapeutics, Inc. RNAC (last ticker on record)
CIK 1453687Its SEC filings (opens in a new tab)
- Restructuring
- 95% wipeout
- 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 Mar 2022
- Largest fall in its shares
- 97%
- Nov 2016 to May 2022
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- 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.
- Covington & BurlingFirst linked Nov 2015 · Named in SEC correspondence · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
- Latham & Watkins LLPFirst linked Nov 2015 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- DLA PiperFirst linked Mar 2016 · Text search only · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
- Goodwin ProcterFirst linked Mar 2016 · Text search only · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Foley HoagFirst linked Dec 2015 · Text search only · 186 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 0.95× · 95% wipeout 1.17×
- Goulston & StorrsFirst linked Dec 2015 · Text search only · 86 linked companiesSEC/DOJ scrutiny 0.90× · Went dark 0.34× · 95% wipeout 1.33×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Covington & Burling | Nov 2015 | Named in SEC correspondence | 447 | 1.07 | 0.27 | 0.99 |
| Latham & Watkins LLP | Nov 2015 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| DLA Piper | Mar 2016 | Text search only | 1,184 | 1.00 | 0.45 | 1.20 |
| Goodwin Procter | Mar 2016 | Text search only | 1,221 | 0.79 | 0.31 | 1.17 |
| Foley Hoag | Dec 2015 | Text search only | 186 | 0.72 | 0.95 | 1.17 |
| Goulston & Storrs | Dec 2015 | Text search only | 86 | 0.90 | 0.34 | 1.33 |
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.
- Sarah C. GriffithsCovington & BurlingFirst linked Oct 2023 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Brian K. RosenzweigCovington & BurlingFirst linked May 2021 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 1.22× · Went dark 0.00× · 95% wipeout 0.58×
- Wesley C. HolmesLatham & Watkins LLPFirst linked Jan 2020 · Named in SEC correspondence · 53 linked companiesSEC/DOJ scrutiny 1.55× · Went dark 1.08× · 95% wipeout 1.36×
- Brandon J. BortnerPaul HastingsFirst linked Nov 2015 · Named in SEC correspondence · 36 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 1.54× · 95% wipeout 1.32×
- Peter N. HandrinosLatham & Watkins LLPFirst linked Nov 2015 · Named in SEC correspondence · 85 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 1.34×
- Daniel I. GoldbergCooley LLPFirst linked Aug 2017 · Text search only · 184 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 0.00× · 95% wipeout 1.03×
- Jeffrey L. QuillenFoley HoagFirst linked Dec 2015 · Text search only · 7 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.00× · 95% wipeout 1.69×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sarah C. GriffithsCovington & Burling | Oct 2023 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.00 |
| Brian K. RosenzweigCovington & Burling | May 2021 | Named in SEC correspondence | 36 | 1.22 | 0.00 | 0.58 |
| Wesley C. HolmesLatham & Watkins LLP | Jan 2020 | Named in SEC correspondence | 53 | 1.55 | 1.08 | 1.36 |
| Brandon J. BortnerPaul Hastings | Nov 2015 | Named in SEC correspondence | 36 | 1.20 | 1.54 | 1.32 |
| Peter N. HandrinosLatham & Watkins LLP | Nov 2015 | Named in SEC correspondence | 85 | 0.61 | 0.00 | 1.34 |
| Daniel I. GoldbergCooley LLP | Aug 2017 | Text search only | 184 | 0.64 | 0.00 | 1.03 |
| Jeffrey L. QuillenFoley Hoag | Dec 2015 | Text search only | 7 | 1.46 | 0.00 | 1.69 |