Aclaris Therapeutics, Inc. ACRS (last ticker on record)
CIK 1557746Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- 95% wipeout
- Restructuring
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 Dec 2023
- Largest fall in its shares
- 97%
- Apr 2017 to Nov 2023
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Delisting notice (Item 3.01)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.
- Cooley LLPFirst linked Apr 2015 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Latham & Watkins LLPFirst linked Apr 2015 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Covington & BurlingFirst linked Feb 2025 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
- Pepper HamiltonFirst linked Sep 2015 · Text search only · 340 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.35× · 95% wipeout 1.13×
- Duane MorrisFirst linked Apr 2015 · Text search only · 413 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 1.28× · 95% wipeout 1.06×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Apr 2015 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Latham & Watkins LLP | Apr 2015 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Covington & Burling | Feb 2025 | Text search only | 447 | 1.07 | 0.27 | 0.99 |
| Pepper Hamilton | Sep 2015 | Text search only | 340 | 1.03 | 0.35 | 1.13 |
| Duane Morris | Apr 2015 | Text search only | 413 | 0.76 | 1.28 | 1.06 |
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 BrintonCooley LLPFirst linked Dec 2024 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Katie KazemCooley LLPFirst linked Nov 2016 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.73×
- Mark BallantyneCooley LLPFirst linked Jun 2016 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.31×
- Brent B. SilerCooley LLPFirst linked Apr 2015 · Named in SEC correspondence · 51 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 0.57× · 95% wipeout 1.70×
- Brian F. LeafCooley LLPFirst linked Apr 2015 · Named in SEC correspondence · 43 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.25×
- Nathan AjiashviliLatham & Watkins LLPFirst linked Apr 2015 · Named in SEC correspondence · 76 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 1.17×
- Peter N. HandrinosLatham & Watkins LLPFirst linked Apr 2015 · Named in SEC correspondence · 85 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 1.34×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David BrintonCooley LLP | Dec 2024 | Named in SEC correspondence | 5 | 0.00 | 0.00 | 0.00 |
| Katie KazemCooley LLP | Nov 2016 | Named in SEC correspondence | 21 | 0.00 | 0.00 | 0.73 |
| Mark BallantyneCooley LLP | Jun 2016 | Named in SEC correspondence | 29 | 0.00 | 0.00 | 1.31 |
| Brent B. SilerCooley LLP | Apr 2015 | Named in SEC correspondence | 51 | 0.40 | 0.57 | 1.70 |
| Brian F. LeafCooley LLP | Apr 2015 | Named in SEC correspondence | 43 | 0.00 | 0.00 | 1.25 |
| Nathan AjiashviliLatham & Watkins LLP | Apr 2015 | Named in SEC correspondence | 76 | 0.38 | 0.00 | 1.17 |
| Peter N. HandrinosLatham & Watkins LLP | Apr 2015 | Named in SEC correspondence | 85 | 0.61 | 0.00 | 1.34 |