CytomX Therapeutics, Inc. CTMX (last ticker on record)

CIK 1501989Its SEC filings (opens in a new tab)

95% wipeout
Restatement
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: 3; Newest began Jan 2025
Largest fall in its shares: 98%; Mar 2018 to Apr 2025
Law firms: 12; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Feb 26, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 6, 2025Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Feb 24, 2023Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jul 13, 2022Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 5, 2022Shares down 95% from their high

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
Latham & Watkins LLP	Jul 2015	Named in SEC correspondence	2,667	0.98	0.31	1.10
Sidley Austin	Jul 2015	Named in SEC correspondence	1,210	1.30	0.14	0.93
Davis Polk	Aug 2024	Text search only	1,694	1.26	0.06	1.02
Goodwin Procter	Nov 2016	Text search only	1,221	0.79	0.31	1.17
Clark Wilson LLP	Oct 2015	Text search only	204	0.72	1.43	1.11
Cooley LLP	Jul 2015	Text search only	1,634	0.71	0.44	1.24
DLA Piper	Jul 2015	Text search only	1,184	1.00	0.45	1.20
O Melveny & Myers LLP	Jul 2015	Text search only	589	1.07	0.25	1.07
Reicker Pfau Pyle & McRoy	Jul 2015	Text search only	6	0.00	0.00	3.06
Ropes & Gray	Jul 2015	Text search only	914	0.98	0.14	0.92
Shipman & Goodwin	Jul 2015	Text search only	54	1.25	0.82	1.18
Wilson Sonsini Goodrich & Rosati	Jul 2015	Text search only	1,468	1.09	0.60	1.42

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
John C. WilliamsLatham & Watkins LLP	Aug 2023	Named in SEC correspondence	21	0.66	0.00	0.24
Miles P. JenningsLatham & Watkins LLP	Nov 2016	Named in SEC correspondence	11	1.40	0.00	2.01
Brian J. CuneoLatham & Watkins LLP	Jul 2015	Named in SEC correspondence	71	0.54	0.00	1.81
Mark V. RoederLatham & Watkins LLP	Jul 2015	Named in SEC correspondence	50	0.00	0.00	1.32
Robert A. RyanSidley Austin	Jul 2015	Named in SEC correspondence	24	0.74	0.00	0.80
Sam ZuckerGoodwin Procter	Jul 2015	Named in SEC correspondence	18	0.00	0.00	1.11
Michael D. MalineGoodwin Procter	Nov 2016	Text search only	45	0.73	0.00	1.36
Kenneth A. ClarkWilson Sonsini Goodrich & Rosati	Oct 2015	Text search only	42	0.41	0.88	1.38
Joel F. FreedmanRopes & Gray	Jul 2015	Text search only	33	0.00	0.97	1.39
Marc RechtCooley LLP	Jul 2015	Text search only	52	0.23	0.67	1.03