FRACTYL HEALTH, INC. GUTS (last ticker on record)
CIK 1572616Its 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 Jan 2026
- Largest fall in its shares
- 99%
- Feb 2024 to Oct 2026
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 10
- Linked to 5 or more companies
What happened
- 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)
- 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.
- Cooley LLPFirst linked Dec 2023 · Named in a filing · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Goodwin ProcterFirst linked Nov 2021 · Named in SEC correspondence · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Latham & Watkins LLPFirst linked Nov 2021 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Wilson Sonsini Goodrich & RosatiFirst linked Jan 2024 · Text search only · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Covington & BurlingFirst linked Dec 2023 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
- DLA PiperFirst linked Nov 2021 · Text search only · 1,184 linked companiesSEC/DOJ scrutiny 1.00× · Went dark 0.45× · 95% wipeout 1.20×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Dec 2023 | Named in a filing | 1,634 | 0.71 | 0.44 | 1.24 |
| Goodwin Procter | Nov 2021 | Named in SEC correspondence | 1,221 | 0.79 | 0.31 | 1.17 |
| Latham & Watkins LLP | Nov 2021 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Wilson Sonsini Goodrich & Rosati | Jan 2024 | Text search only | 1,468 | 1.09 | 0.60 | 1.42 |
| Covington & Burling | Dec 2023 | Text search only | 447 | 1.07 | 0.27 | 0.99 |
| DLA Piper | Nov 2021 | Text search only | 1,184 | 1.00 | 0.45 | 1.20 |
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.
- Marc RechtCooley LLPFirst linked Jan 2026 · Named in a filing · 52 linked companiesSEC/DOJ scrutiny 0.23× · Went dark 0.67× · 95% wipeout 1.03×
- James M. SchneiderSchneider Weinberger LLPFirst linked Sep 2025 · Named in a filing · 69 linked companiesSEC/DOJ scrutiny 1.69× · Went dark 2.51× · 95% wipeout 1.47×
- Jonathan SarnaLatham & Watkins LLPFirst linked Aug 2023 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.97×
- Alicia M. TschirhartGoodwin ProcterFirst linked Nov 2021 · Named in SEC correspondence · 16 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.51×
- Edwin O ConnorGoodwin ProcterFirst linked Nov 2021 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 0.59× · Went dark 0.00× · 95% wipeout 1.33×
- Evan SmithLatham & Watkins LLPFirst linked Nov 2021 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.39×
- Johan V. BrighamLatham & Watkins LLPFirst linked Nov 2021 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 1.85× · Went dark 0.00× · 95% wipeout 1.88×
- Nathan AjiashviliLatham & Watkins LLPFirst linked Nov 2021 · Named in SEC correspondence · 76 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 1.17×
- Audrey S. LeighGoodwin ProcterFirst linked Mar 2025 · Text search only · 16 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.00× · 95% wipeout 1.51×
- Seo SalimiGoodwin ProcterFirst linked Nov 2021 · Text search only · 56 linked companiesSEC/DOJ scrutiny 0.28× · Went dark 0.00× · 95% wipeout 1.21×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Marc RechtCooley LLP | Jan 2026 | Named in a filing | 52 | 0.23 | 0.67 | 1.03 |
| James M. SchneiderSchneider Weinberger LLP | Sep 2025 | Named in a filing | 69 | 1.69 | 2.51 | 1.47 |
| Jonathan SarnaLatham & Watkins LLP | Aug 2023 | Named in SEC correspondence | 6 | 0.00 | 0.00 | 0.97 |
| Alicia M. TschirhartGoodwin Procter | Nov 2021 | Named in SEC correspondence | 16 | 0.00 | 0.00 | 0.51 |
| Edwin O ConnorGoodwin Procter | Nov 2021 | Named in SEC correspondence | 44 | 0.59 | 0.00 | 1.33 |
| Evan SmithLatham & Watkins LLP | Nov 2021 | Named in SEC correspondence | 5 | 0.00 | 0.00 | 1.39 |
| Johan V. BrighamLatham & Watkins LLP | Nov 2021 | Named in SEC correspondence | 17 | 1.85 | 0.00 | 1.88 |
| Nathan AjiashviliLatham & Watkins LLP | Nov 2021 | Named in SEC correspondence | 76 | 0.38 | 0.00 | 1.17 |
| Audrey S. LeighGoodwin Procter | Mar 2025 | Text search only | 16 | 1.52 | 0.00 | 1.51 |
| Seo SalimiGoodwin Procter | Nov 2021 | Text search only | 56 | 0.28 | 0.00 | 1.21 |