Pear Therapeutics, Inc. PEAR (last ticker on record)
CIK 1835567Its SEC filings (opens in a new tab)
- Restatement
- Restructuring
- 95% wipeout
- Bankruptcy
- 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
- 4
- Newest began Apr 2023
- Largest fall in its shares
- 99%
- Nov 2021 to May 2023
- Law firms
- 8
- 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)
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)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
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)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.
- Foley HoagFirst linked Jul 2021 · Named in SEC correspondence · 186 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 0.95× · 95% wipeout 1.17×
- Goodwin ProcterFirst linked Jul 2021 · Named in SEC correspondence · 1,221 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.31× · 95% wipeout 1.17×
- Sullivan & CromwellFirst linked Dec 2020 · Named in SEC correspondence · 1,047 linked companiesSEC/DOJ scrutiny 1.40× · Went dark 0.15× · 95% wipeout 0.69×
- Ellenoff Grossman & Schole LLPFirst linked Jan 2023 · Text search only · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Greenberg TraurigFirst linked Sep 2021 · Text search only · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Morrison & FoersterFirst linked Jul 2021 · Text search only · 825 linked companiesSEC/DOJ scrutiny 1.17× · Went dark 0.55× · 95% wipeout 1.15×
- Shartsis Friese LLPFirst linked Jul 2021 · Text search only · 52 linked companiesSEC/DOJ scrutiny 1.28× · Went dark 0.00× · 95% wipeout 1.62×
- Shearman & SterlingFirst linked Jul 2021 · Text search only · 2,649 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Foley Hoag | Jul 2021 | Named in SEC correspondence | 186 | 0.72 | 0.95 | 1.17 |
| Goodwin Procter | Jul 2021 | Named in SEC correspondence | 1,221 | 0.79 | 0.31 | 1.17 |
| Sullivan & Cromwell | Dec 2020 | Named in SEC correspondence | 1,047 | 1.40 | 0.15 | 0.69 |
| Ellenoff Grossman & Schole LLP | Jan 2023 | Text search only | 963 | 0.96 | 1.12 | 1.21 |
| Greenberg Traurig | Sep 2021 | Text search only | 1,223 | 1.01 | 1.03 | 1.10 |
| Morrison & Foerster | Jul 2021 | Text search only | 825 | 1.17 | 0.55 | 1.15 |
| Shartsis Friese LLP | Jul 2021 | Text search only | 52 | 1.28 | 0.00 | 1.62 |
| Shearman & Sterling | Jul 2021 | Text search only | 2,649 | 1.21 | 0.13 | 0.87 |
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.
- William R. KolbFoley HoagFirst linked Jan 2023 · Named in a filing · 16 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.00× · 95% wipeout 0.85×
- David A. BroadwinFoley HoagFirst linked Sep 2021 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 0.45× · Went dark 2.63× · 95% wipeout 1.95×
- Jocelyn M. ArelGoodwin ProcterFirst linked Jul 2021 · Named in SEC correspondence · 63 linked companiesSEC/DOJ scrutiny 1.45× · Went dark 0.00× · 95% wipeout 1.44×
- Melissa SawyerSullivan & CromwellFirst linked Jul 2021 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.00× · 95% wipeout 1.28×
- Michael R. PatroneGoodwin ProcterFirst linked Jul 2021 · Named in SEC correspondence · 15 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.41×
- Stacie S. AarestadFoley HoagFirst linked Jul 2021 · Named in SEC correspondence · 20 linked companiesSEC/DOJ scrutiny 0.47× · Went dark 0.00× · 95% wipeout 1.26×
- Catherine M. ClarkinSullivan & CromwellFirst linked Dec 2020 · Named in SEC correspondence · 52 linked companiesSEC/DOJ scrutiny 1.52× · Went dark 0.00× · 95% wipeout 0.77×
- Mario SchollmeyerSullivan & CromwellFirst linked Dec 2020 · Text search only · 16 linked companiesSEC/DOJ scrutiny 2.44× · Went dark 0.00× · 95% wipeout 1.08×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| William R. KolbFoley Hoag | Jan 2023 | Named in a filing | 16 | 0.98 | 0.00 | 0.85 |
| David A. BroadwinFoley Hoag | Sep 2021 | Named in SEC correspondence | 20 | 0.45 | 2.63 | 1.95 |
| Jocelyn M. ArelGoodwin Procter | Jul 2021 | Named in SEC correspondence | 63 | 1.45 | 0.00 | 1.44 |
| Melissa SawyerSullivan & Cromwell | Jul 2021 | Named in SEC correspondence | 17 | 1.07 | 0.00 | 1.28 |
| Michael R. PatroneGoodwin Procter | Jul 2021 | Named in SEC correspondence | 15 | 0.00 | 0.00 | 1.41 |
| Stacie S. AarestadFoley Hoag | Jul 2021 | Named in SEC correspondence | 20 | 0.47 | 0.00 | 1.26 |
| Catherine M. ClarkinSullivan & Cromwell | Dec 2020 | Named in SEC correspondence | 52 | 1.52 | 0.00 | 0.77 |
| Mario SchollmeyerSullivan & Cromwell | Dec 2020 | Text search only | 16 | 2.44 | 0.00 | 1.08 |