TELA Bio, Inc. TELA (last ticker on record)
CIK 1561921Its SEC filings (opens in a new tab)
- 95% wipeout
- Delisting notice (not a red flag)
- 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 Aug 2026
- Largest fall in its shares
- 97%
- Jun 2020 to Apr 2026
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- 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
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.
- Goodwin ProcterFirst linked Mar 2023 · Named in SEC correspondence · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.16×
- Troutman Pepper Hamilton Sanders LLPFirst linked Aug 2020 · Named in SEC correspondence · 154 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.00× · 95% wipeout 1.14×
- Latham & Watkins LLPFirst linked Aug 2019 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.08×
- Pepper HamiltonFirst linked Aug 2019 · Named in SEC correspondence · 340 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.35× · 95% wipeout 1.11×
- Covington & BurlingFirst linked Aug 2019 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.97×
- Duane MorrisFirst linked Aug 2019 · Text search only · 414 linked companiesSEC/DOJ scrutiny 0.75× · Went dark 1.27× · 95% wipeout 1.07×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Goodwin Procter | Mar 2023 | Named in SEC correspondence | 1,221 | 0.79 | 0.31 | 1.16 |
| Troutman Pepper Hamilton Sanders LLP | Aug 2020 | Named in SEC correspondence | 154 | 1.18 | 0.00 | 1.14 |
| Latham & Watkins LLP | Aug 2019 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.08 |
| Pepper Hamilton | Aug 2019 | Named in SEC correspondence | 340 | 1.03 | 0.35 | 1.11 |
| Covington & Burling | Aug 2019 | Text search only | 447 | 1.07 | 0.27 | 0.97 |
| Duane Morris | Aug 2019 | Text search only | 414 | 0.75 | 1.27 | 1.07 |
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.
- Justin PlattGoodwin ProcterFirst linked Nov 2023 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.53×
- Jennifer L. PorterGoodwin ProcterFirst linked Aug 2019 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.02×
- Marc D. JaffeLatham & Watkins LLPFirst linked Aug 2019 · Named in SEC correspondence · 156 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 1.09×
- Nathan AjiashviliLatham & Watkins LLPFirst linked Aug 2019 · Named in SEC correspondence · 76 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 1.16×
- Rachael M. BusheyGoodwin ProcterFirst linked Aug 2019 · Named in SEC correspondence · 28 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.97×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Justin PlattGoodwin Procter | Nov 2023 | Named in SEC correspondence | 18 | 0.00 | 0.00 | 0.53 |
| Jennifer L. PorterGoodwin Procter | Aug 2019 | Named in SEC correspondence | 21 | 0.00 | 0.00 | 1.02 |
| Marc D. JaffeLatham & Watkins LLP | Aug 2019 | Named in SEC correspondence | 156 | 1.05 | 0.00 | 1.09 |
| Nathan AjiashviliLatham & Watkins LLP | Aug 2019 | Named in SEC correspondence | 76 | 0.38 | 0.00 | 1.16 |
| Rachael M. BusheyGoodwin Procter | Aug 2019 | Named in SEC correspondence | 28 | 0.00 | 0.00 | 0.97 |