Akebia Therapeutics, Inc. AKBA (last ticker on record)

CIK 1517022Its 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 Apr 2022
Largest fall in its shares: 99%; Jun 2014 to Nov 2022
Law firms: 14; Linked to 5 or more companies
Lawyers: 13; Linked to 5 or more companies

What happened

Oct 23, 2026Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 17, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 28, 2022Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 10, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 8, 2022Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 13, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 7, 2022Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Mar 30, 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
HALE AND DORR	Mar 2020	Named in a filing	665	1.06	0.33	1.26
WILMER, CUTLER & PICKERING	Jan 2019	Named in a filing	662	1.14	0.33	1.26
Latham & Watkins LLP	Dec 2013	Named in SEC correspondence	2,667	0.98	0.31	1.10
Ropes & Gray	Dec 2013	Named in SEC correspondence	914	0.98	0.14	0.92
Proskauer Rose	Sep 2024	Text search only	492	1.15	0.48	1.08
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Oct 2018	Text search only	567	0.92	0.60	1.20
Morris Nichols Arsht & Tunnell	Oct 2018	Text search only	256	1.51	0.21	0.89
Skadden, Arps, Slate, Meagher & Flom LLP	Oct 2018	Text search only	2,607	1.15	0.19	0.85
Jones Day	Mar 2014	Text search only	686	1.25	0.54	1.12
Dinsmore & Shohl	Dec 2013	Text search only	96	0.64	0.24	0.64
Edwards Angell Palmer & Dodge	Dec 2013	Text search only	76	0.83	0.66	1.38
Edwards Wildman Palmer	Dec 2013	Text search only	54	0.88	0.43	0.80
Foley Hoag	Dec 2013	Text search only	186	0.72	0.95	1.17
Thompson Hine LLP	Dec 2013	Text search only	208	0.95	0.64	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
Caroline DotoloWILMER, CUTLER & PICKERING	Mar 2022	Named in a filing	10	0.00	0.00	0.52
Stuart M. FalberWILMER, CUTLER & PICKERING	Mar 2022	Named in a filing	32	1.05	0.00	1.27
Glenn R. PollnerGibson, Dunn & Crutcher LLP	Feb 2021	Named in a filing	26	2.00	0.00	1.62
Sarah SellersCooley LLP	Feb 2021	Named in a filing	13	0.00	0.00	1.84
Jonathan WolfmanWILMER, CUTLER & PICKERING	Jan 2019	Named in a filing	18	2.11	0.00	0.54
Daniel ReesLatham & Watkins LLP	Oct 2018	Named in SEC correspondence	22	0.46	0.00	0.85
R. Scott SheanLatham & Watkins LLP	Oct 2018	Named in a filing	37	1.95	0.74	0.78
Rachel PhillipsRopes & Gray	May 2016	Named in SEC correspondence	23	1.55	0.00	2.03
Christopher D. ComeauRopes & Gray	Dec 2013	Named in SEC correspondence	21	0.66	0.00	0.49
Paul KinsellaRopes & Gray	Dec 2013	Named in SEC correspondence	54	1.70	0.39	0.66
Peter N. HandrinosLatham & Watkins LLP	Dec 2013	Named in a filing	85	0.61	0.00	1.34
Michael E. SullivanLatham & Watkins LLP	Sep 2024	Text search only	43	0.56	0.00	0.79
Cheston J. LarsonLatham & Watkins LLP	May 2016	Text search only	46	0.33	0.34	1.55