Valion Bio, Inc. VBIO (last ticker on record)
CIK 1787740Its SEC filings (opens in a new tab)
- Restructuring
- 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
- 2
- Newest began Oct 2026
- Largest fall in its shares
- 99%
- Nov 2021 to Aug 2023
- Law firms
- 5
- 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)
- 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)
- 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)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- 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.
- Snell & WilmerFirst linked Apr 2025 · Named in SEC correspondence · 244 linked companiesSEC/DOJ scrutiny 1.34× · Went dark 1.19× · 95% wipeout 1.38×
- Blank RomeFirst linked Oct 2022 · Named in SEC correspondence · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Carter Ledyard & Milburn LLPFirst linked Sep 2021 · Named in a filing · 97 linked companiesSEC/DOJ scrutiny 0.86× · Went dark 1.08× · 95% wipeout 0.92×
- Procopio, Cory, Hargreaves & Savitch LLPFirst linked May 2021 · Named in SEC correspondence · 42 linked companiesSEC/DOJ scrutiny 1.68× · Went dark 3.08× · 95% wipeout 1.25×
- Sheppard MullinFirst linked Oct 2026 · Text search only · 392 linked companiesSEC/DOJ scrutiny 1.12× · Went dark 0.81× · 95% wipeout 1.22×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Snell & Wilmer | Apr 2025 | Named in SEC correspondence | 244 | 1.34 | 1.19 | 1.38 |
| Blank Rome | Oct 2022 | Named in SEC correspondence | 348 | 1.04 | 0.79 | 1.36 |
| Carter Ledyard & Milburn LLP | Sep 2021 | Named in a filing | 97 | 0.86 | 1.08 | 0.92 |
| Procopio, Cory, Hargreaves & Savitch LLP | May 2021 | Named in SEC correspondence | 42 | 1.68 | 3.08 | 1.25 |
| Sheppard Mullin | Oct 2026 | Text search only | 392 | 1.12 | 0.81 | 1.22 |
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.
- Rick A. WernerHaynes and BooneFirst linked Jul 2026 · Named in a filing · 64 linked companiesSEC/DOJ scrutiny 0.44× · Went dark 0.00× · 95% wipeout 0.87×
- Caitlin MurpheyDisclosure Law GroupFirst linked Jul 2025 · Named in SEC correspondence · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.59×
- Matthew BernsteinEllenoff Grossman & Schole LLPFirst linked Apr 2024 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.13×
- Leslie MarlowBlank RomeFirst linked Nov 2021 · Named in SEC correspondence · 71 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 2.60× · 95% wipeout 1.43×
- Christopher L. TinenProcopio, Cory, Hargreaves & Savitch LLPFirst linked May 2021 · Named in SEC correspondence · 22 linked companiesSEC/DOJ scrutiny 1.32× · Went dark 5.75× · 95% wipeout 1.17×
- Patrick J. EganGracin & Marlow, LLPFirst linked May 2021 · Named in SEC correspondence · 43 linked companiesSEC/DOJ scrutiny 0.40× · Went dark 1.84× · 95% wipeout 1.89×
- Alla DigilovaHaynes and BooneFirst linked Jul 2026 · Text search only · 36 linked companiesSEC/DOJ scrutiny 1.06× · Went dark 0.00× · 95% wipeout 0.41×
- Barry I. GrossmanEllenoff Grossman & Schole LLPFirst linked Mar 2024 · Text search only · 187 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.25× · 95% wipeout 1.32×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Rick A. WernerHaynes and Boone | Jul 2026 | Named in a filing | 64 | 0.44 | 0.00 | 0.87 |
| Caitlin MurpheyDisclosure Law Group | Jul 2025 | Named in SEC correspondence | 5 | 0.00 | 0.00 | 0.59 |
| Matthew BernsteinEllenoff Grossman & Schole LLP | Apr 2024 | Named in SEC correspondence | 20 | 0.00 | 0.00 | 1.13 |
| Leslie MarlowBlank Rome | Nov 2021 | Named in SEC correspondence | 71 | 0.58 | 2.60 | 1.43 |
| Christopher L. TinenProcopio, Cory, Hargreaves & Savitch LLP | May 2021 | Named in SEC correspondence | 22 | 1.32 | 5.75 | 1.17 |
| Patrick J. EganGracin & Marlow, LLP | May 2021 | Named in SEC correspondence | 43 | 0.40 | 1.84 | 1.89 |
| Alla DigilovaHaynes and Boone | Jul 2026 | Text search only | 36 | 1.06 | 0.00 | 0.41 |
| Barry I. GrossmanEllenoff Grossman & Schole LLP | Mar 2024 | Text search only | 187 | 0.98 | 1.25 | 1.32 |