DermTech, Inc. DMTK (last ticker on record)

CIK 1651944Its SEC filings (opens in a new tab)

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

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 Jun 2024
Largest fall in its shares: 99%; Feb 2021 to Jun 2024
Law firms: 9; Linked to 5 or more companies
Lawyers: 6; Linked to 5 or more companies

What happened

Jun 20, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 18, 2024Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Jun 18, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 17, 2024Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
May 10, 2024Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Apr 18, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Apr 16, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 31, 2024Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Jun 28, 2023Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Oct 7, 2022Shares down 95% from their high
Oct 18, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 5, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 28, 2019Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Feb 28, 2019Delisting 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Jun 2019	Named in SEC correspondence	567	0.92	0.60	1.20
Greenberg Traurig	Aug 2018	Named in SEC correspondence	1,223	1.01	1.03	1.10
Skadden, Arps, Slate, Meagher & Flom LLP	Apr 2017	Named in SEC correspondence	2,607	1.15	0.19	0.85
Ellenoff Grossman & Schole LLP	Sep 2015	Named in SEC correspondence	963	0.96	1.12	1.21
Goodwin Procter	Aug 2022	Text search only	1,221	0.79	0.31	1.17
DLA Piper	Jun 2019	Text search only	1,184	1.00	0.45	1.20
Wilson Sonsini Goodrich & Rosati	Jun 2019	Text search only	1,468	1.09	0.60	1.42
Cravath Swaine & Moore	Apr 2017	Text search only	839	1.29	0.03	0.85
Graubard Miller	Sep 2015	Text search only	418	0.92	0.75	1.16

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
Melanie Ruthrauff LevyMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Aug 2022	Named in SEC correspondence	14	1.31	0.00	0.86
Jeremy D. GlaserCooley LLP	Jun 2019	Named in SEC correspondence	18	1.49	0.00	0.99
Joseph A. HerzGreenberg Traurig	Jun 2019	Named in SEC correspondence	26	0.00	0.89	0.96
Douglas S. EllenoffEllenoff Grossman & Schole LLP	Sep 2015	Named in SEC correspondence	338	0.95	0.66	0.95
Stuart NeuhauserEllenoff Grossman & Schole LLP	Sep 2015	Named in SEC correspondence	416	0.78	0.42	1.04
Melanie RuthrauffMintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.	Aug 2022	Text search only	9	1.42	0.00	0.94