Spyre Therapeutics, Inc. SYRE (last ticker on record)

CIK 1636282Its SEC filings (opens in a new tab)

95% wipeout
Delisting notice (not a red flag)
Restructuring
Restatement

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: 3; Newest began Nov 2024
Largest fall in its shares: 98%; Aug 2018 to Jun 2023
Law firms: 10; Linked to 5 or more companies
Lawyers: 16; Linked to 5 or more companies

What happened

Nov 18, 2024Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Jan 18, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 25, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 14, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 12, 2023Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jan 18, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jul 19, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 29, 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
Ropes & Gray	Oct 2023	Named in SEC correspondence	914	0.98	0.14	0.92
Gibson, Dunn & Crutcher LLP	Aug 2023	Named in SEC correspondence	1,125	1.23	0.20	0.96
Davis Polk	May 2015	Named in SEC correspondence	1,694	1.26	0.06	1.02
Fenwick & West LLP	May 2015	Named in SEC correspondence	443	0.95	0.21	1.23
Greenberg Traurig	Sep 2024	Text search only	1,223	1.01	1.03	1.10
Akin Gump	Nov 2023	Text search only	582	1.24	0.52	1.25
Covington & Burling	Nov 2023	Text search only	447	1.07	0.27	0.99
Cooley LLP	Dec 2018	Text search only	1,634	0.71	0.44	1.24
Drinker Biddle & Reath	Dec 2018	Text search only	213	1.46	0.77	1.25
Duane Morris	May 2017	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.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Thomas J. DanielskiRopes & Gray	Feb 2026	Named in SEC correspondence	19	0.00	0.00	0.93
Brian LaneGibson, Dunn & Crutcher LLP	Oct 2023	Named in SEC correspondence	52	1.93	0.00	0.71
Thomas J. KimGibson, Dunn & Crutcher LLP	Oct 2023	Named in SEC correspondence	11	1.32	0.00	0.93
Melanie E. NearyGibson, Dunn & Crutcher LLP	Sep 2023	Named in SEC correspondence	20	0.00	0.00	0.15
Ryan A. MurrGibson, Dunn & Crutcher LLP	Jun 2023	Named in SEC correspondence	77	0.53	0.77	0.66
Ryan MittenessFenwick & West LLP	Jul 2020	Named in SEC correspondence	22	0.84	0.00	0.91
Amanda RoseFenwick & West LLP	Feb 2019	Named in SEC correspondence	24	1.87	0.00	1.27
Melissa V. FrayerMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Jun 2015	Named in SEC correspondence	13	2.39	0.00	1.42
Effie ToshavFenwick & West LLP	May 2015	Named in SEC correspondence	25	0.00	0.00	0.79
Matthew RossiterFenwick & West LLP	May 2015	Named in SEC correspondence	15	1.64	0.00	0.87
Robert A. FreedmanFenwick & West LLP	May 2015	Named in SEC correspondence	69	0.86	0.53	0.96
Chris TresterGibson, Dunn & Crutcher LLP	Nov 2023	Text search only	9	0.00	0.00	0.37
Courtney TygessonCooley LLP	Nov 2023	Text search only	17	0.00	0.00	1.20
William SorabellaCooley LLP	Nov 2023	Text search only	7	0.00	0.00	0.45
Daniel I. GoldbergCooley LLP	Dec 2018	Text search only	184	0.64	0.00	1.03
Dean M. ColucciDuane Morris	May 2017	Text search only	49	0.36	0.00	0.87