SPRUCE BIOSCIENCES, INC. SPRB (last ticker on record)
CIK 1683553Its SEC filings (opens in a new tab)
- 95% wipeout
- Restructuring
- 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 Mar 2024
- Largest fall in its shares
- 99%
- Dec 2020 to Jun 2025
- Law firms
- 4
- 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)
- 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)
- Exit or disposal costs (Item 2.05)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.
- Cooley LLPFirst linked Aug 2020 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Latham & Watkins LLPFirst linked Aug 2020 · 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 Oct 2020 · Text search only · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Gunderson DettmerFirst linked Aug 2020 · Text search only · 333 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.66× · 95% wipeout 1.32×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Aug 2020 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Latham & Watkins LLP | Aug 2020 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Wilson Sonsini Goodrich & Rosati | Oct 2020 | Text search only | 1,468 | 1.09 | 0.60 | 1.42 |
| Gunderson Dettmer | Aug 2020 | Text search only | 333 | 1.17 | 0.66 | 1.32 |
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.
- Alexander GefterCooley LLPFirst linked Apr 2025 · Named in SEC correspondence · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.00×
- Katherine DenbyCooley LLPFirst linked Mar 2024 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.50×
- Brian J. CuneoLatham & Watkins LLPFirst linked Aug 2020 · Named in SEC correspondence · 71 linked companiesSEC/DOJ scrutiny 0.54× · Went dark 0.00× · 95% wipeout 1.81×
- Drew CapurroLatham & Watkins LLPFirst linked Aug 2020 · Named in SEC correspondence · 41 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.00× · 95% wipeout 1.27×
- Kristin VanderPasCooley LLPFirst linked Aug 2020 · Named in SEC correspondence · 61 linked companiesSEC/DOJ scrutiny 0.47× · Went dark 0.00× · 95% wipeout 1.49×
- Alan C. MendelsonLatham & Watkins LLPFirst linked Aug 2020 · Text search only · 95 linked companiesSEC/DOJ scrutiny 0.60× · Went dark 0.19× · 95% wipeout 1.35×
- Jason L. KentCooley LLPFirst linked Aug 2020 · Text search only · 25 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.00× · 95% wipeout 1.01×
- Kenneth L. GuernseyCooley LLPFirst linked Aug 2020 · Text search only · 51 linked companiesSEC/DOJ scrutiny 0.56× · Went dark 0.49× · 95% wipeout 1.38×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Alexander GefterCooley LLP | Apr 2025 | Named in SEC correspondence | 9 | 0.00 | 0.00 | 0.00 |
| Katherine DenbyCooley LLP | Mar 2024 | Named in SEC correspondence | 14 | 0.00 | 0.00 | 1.50 |
| Brian J. CuneoLatham & Watkins LLP | Aug 2020 | Named in SEC correspondence | 71 | 0.54 | 0.00 | 1.81 |
| Drew CapurroLatham & Watkins LLP | Aug 2020 | Named in SEC correspondence | 41 | 1.04 | 0.00 | 1.27 |
| Kristin VanderPasCooley LLP | Aug 2020 | Named in SEC correspondence | 61 | 0.47 | 0.00 | 1.49 |
| Alan C. MendelsonLatham & Watkins LLP | Aug 2020 | Text search only | 95 | 0.60 | 0.19 | 1.35 |
| Jason L. KentCooley LLP | Aug 2020 | Text search only | 25 | 1.07 | 0.00 | 1.01 |
| Kenneth L. GuernseyCooley LLP | Aug 2020 | Text search only | 51 | 0.56 | 0.49 | 1.38 |