Seres Therapeutics, Inc. MCRB (last ticker on record)
CIK 1609809Its 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 May 2024
- Largest fall in its shares
- 99%
- Jun 2015 to Aug 2026
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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.
- Latham & Watkins LLPFirst linked Dec 2014 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Fenwick & West LLPFirst linked Jun 2015 · Text search only · 443 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.21× · 95% wipeout 1.23×
- Seyfarth ShawFirst linked Jun 2015 · Text search only · 102 linked companiesSEC/DOJ scrutiny 1.57× · Went dark 1.38× · 95% wipeout 1.25×
- Mayer BrownFirst linked May 2015 · Text search only · 680 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.34× · 95% wipeout 0.94×
- Covington & BurlingFirst linked Dec 2014 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Latham & Watkins LLP | Dec 2014 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Fenwick & West LLP | Jun 2015 | Text search only | 443 | 0.95 | 0.21 | 1.23 |
| Seyfarth Shaw | Jun 2015 | Text search only | 102 | 1.57 | 1.38 | 1.25 |
| Mayer Brown | May 2015 | Text search only | 680 | 0.98 | 0.34 | 0.94 |
| Covington & Burling | Dec 2014 | Text search only | 447 | 1.07 | 0.27 | 0.99 |
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.
- Wesley C. HolmesLatham & Watkins LLPFirst linked Mar 2020 · Named in SEC correspondence · 53 linked companiesSEC/DOJ scrutiny 1.55× · Went dark 1.08× · 95% wipeout 1.36×
- Jennifer A. YoonLatham & Watkins LLPFirst linked Mar 2017 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.21×
- Peter N. HandrinosLatham & Watkins LLPFirst linked Dec 2014 · Named in SEC correspondence · 85 linked companiesSEC/DOJ scrutiny 0.61× · Went dark 0.00× · 95% wipeout 1.34×
- Thomas J. DanielskiRopes & GrayFirst linked Aug 2026 · Text search only · 19 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.93×
- Gregory L. WhiteSeyfarth ShawFirst linked Jun 2015 · Text search only · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 1.78× · 95% wipeout 3.01×
- David A. CarpenterMayer BrownFirst linked May 2015 · Text search only · 7 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.64×
- B. Shayne KennedyLatham & Watkins LLPFirst linked Dec 2014 · Text search only · 43 linked companiesSEC/DOJ scrutiny 0.94× · Went dark 0.00× · 95% wipeout 1.19×
- Haim ZaltzmanLatham & Watkins LLPFirst linked Dec 2014 · Text search only · 27 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.00× · 95% wipeout 1.61×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Wesley C. HolmesLatham & Watkins LLP | Mar 2020 | Named in SEC correspondence | 53 | 1.55 | 1.08 | 1.36 |
| Jennifer A. YoonLatham & Watkins LLP | Mar 2017 | Named in SEC correspondence | 18 | 0.00 | 0.00 | 1.21 |
| Peter N. HandrinosLatham & Watkins LLP | Dec 2014 | Named in SEC correspondence | 85 | 0.61 | 0.00 | 1.34 |
| Thomas J. DanielskiRopes & Gray | Aug 2026 | Text search only | 19 | 0.00 | 0.00 | 0.93 |
| Gregory L. WhiteSeyfarth Shaw | Jun 2015 | Text search only | 7 | 0.00 | 1.78 | 3.01 |
| David A. CarpenterMayer Brown | May 2015 | Text search only | 7 | 0.00 | 0.00 | 0.64 |
| B. Shayne KennedyLatham & Watkins LLP | Dec 2014 | Text search only | 43 | 0.94 | 0.00 | 1.19 |
| Haim ZaltzmanLatham & Watkins LLP | Dec 2014 | Text search only | 27 | 1.25 | 0.00 | 1.61 |