Phathom Pharmaceuticals, Inc. PHAT (last ticker on record)
CIK 1783183Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- 95% wipeout
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
- 1
- Newest began May 2025
- Largest fall in its shares
- 95%
- Jun 2020 to May 2025
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 8
- Linked to 5 or more companies
What happened
- Shares down 95% from their high
- Delisting 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.
- Cooley LLPFirst linked Jul 2019 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Latham & Watkins LLPFirst linked Jul 2019 · 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 2019 · Text search only · 1,468 linked companiesSEC/DOJ scrutiny 1.09× · Went dark 0.60× · 95% wipeout 1.42×
- Gibson, Dunn & Crutcher LLPFirst linked Jul 2019 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Gunderson DettmerFirst linked Jul 2019 · Text search only · 333 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.66× · 95% wipeout 1.32×
- Morrison & FoersterFirst linked Jul 2019 · Text search only · 825 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.55× · 95% wipeout 1.15×
- Perkins CoieFirst linked Jul 2019 · Text search only · 511 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.27× · 95% wipeout 0.98×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Jul 2019 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Latham & Watkins LLP | Jul 2019 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Wilson Sonsini Goodrich & Rosati | Oct 2019 | Text search only | 1,468 | 1.09 | 0.60 | 1.42 |
| Gibson, Dunn & Crutcher LLP | Jul 2019 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Gunderson Dettmer | Jul 2019 | Text search only | 333 | 1.17 | 0.66 | 1.32 |
| Morrison & Foerster | Jul 2019 | Text search only | 825 | 1.17 | 0.55 | 1.15 |
| Perkins Coie | Jul 2019 | Text search only | 511 | 0.93 | 0.27 | 0.98 |
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.
- Sean M. ClaytonCooley LLPFirst linked Sep 2019 · Named in SEC correspondence · 28 linked companiesSEC/DOJ scrutiny 0.73× · Went dark 0.00× · 95% wipeout 1.38×
- Anthony GostanianLatham & Watkins LLPFirst linked Jul 2019 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.20×
- Charles S. KimCooley LLPFirst linked Jul 2019 · Named in SEC correspondence · 118 linked companiesSEC/DOJ scrutiny 0.41× · Went dark 0.00× · 95% wipeout 1.37×
- Matthew T. BushLatham & Watkins LLPFirst linked Jul 2019 · Named in SEC correspondence · 50 linked companiesSEC/DOJ scrutiny 0.21× · Went dark 0.00× · 95% wipeout 1.23×
- Daniel I. GoldbergCooley LLPFirst linked Nov 2020 · Text search only · 184 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 0.00× · 95% wipeout 1.03×
- Haim ZaltzmanLatham & Watkins LLPFirst linked Jul 2019 · Text search only · 27 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.00× · 95% wipeout 1.61×
- Ryan A. MurrGibson, Dunn & Crutcher LLPFirst linked Jul 2019 · Text search only · 77 linked companiesSEC/DOJ scrutiny 0.53× · Went dark 0.77× · 95% wipeout 0.66×
- Timothy H. EhrlichGunderson DettmerFirst linked Jul 2019 · Text search only · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.47×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Sean M. ClaytonCooley LLP | Sep 2019 | Named in SEC correspondence | 28 | 0.73 | 0.00 | 1.38 |
| Anthony GostanianLatham & Watkins LLP | Jul 2019 | Named in SEC correspondence | 18 | 0.00 | 0.00 | 1.20 |
| Charles S. KimCooley LLP | Jul 2019 | Named in SEC correspondence | 118 | 0.41 | 0.00 | 1.37 |
| Matthew T. BushLatham & Watkins LLP | Jul 2019 | Named in SEC correspondence | 50 | 0.21 | 0.00 | 1.23 |
| Daniel I. GoldbergCooley LLP | Nov 2020 | Text search only | 184 | 0.64 | 0.00 | 1.03 |
| Haim ZaltzmanLatham & Watkins LLP | Jul 2019 | Text search only | 27 | 1.25 | 0.00 | 1.61 |
| Ryan A. MurrGibson, Dunn & Crutcher LLP | Jul 2019 | Text search only | 77 | 0.53 | 0.77 | 0.66 |
| Timothy H. EhrlichGunderson Dettmer | Jul 2019 | Text search only | 6 | 0.00 | 0.00 | 1.47 |