Fresh Tracks Therapeutics, Inc. FRTX (last ticker on record)

CIK 819050Its SEC filings (opens in a new tab)

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

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 Sep 2022
Largest fall in its shares: 99%; Aug 2019 to May 2023
Law firms: 7; Linked to 5 or more companies
Lawyers: 12; Linked to 5 or more companies

What happened

Dec 18, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 13, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 27, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Sep 1, 2022Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Aug 23, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jun 15, 2022Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 1, 2021Shares down 95% from their high
Jun 17, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 21, 2020Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Jan 30, 2018Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Dec 16, 2015Shares down 95% from their high
Aug 7, 2015Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 22, 2013Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
Nov 21, 2008Exit or disposal costs (Item 2.05)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
Faegre Drinker Biddle & Reath LLP	May 2020	Named in SEC correspondence	138	1.29	4.29	1.16
Mayer Brown	Jul 2019	Named in SEC correspondence	680	0.98	0.34	0.94
Cooley LLP	Jul 2002	Named in SEC correspondence	1,634	0.71	0.44	1.24
Pillsbury Winthrop	Jul 2001	Named in a filing	516	1.13	0.82	1.27
Pillsbury Madison & Sutro LLP	Jun 1997	Named in a filing	117	0.92	1.45	1.16
Drinker Biddle & Reath	May 2020	Text search only	213	1.46	0.77	1.25
Lowenstein Sandler	May 2020	Text search only	297	1.12	0.70	1.42

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
Griffin D. FosterFaegre Drinker Biddle & Reath LLP	Sep 2022	Named in a filing	16	2.39	0.00	0.44
Christine G. LongFaegre Drinker Biddle & Reath LLP	Sep 2020	Named in a filing	20	2.16	0.00	1.17
Jonathan R. ZimmermanFaegre Drinker Biddle & Reath LLP	May 2020	Named in SEC correspondence	46	1.45	0.55	1.56
Anna T. PinedoMorrison & Foerster	Jul 2019	Named in SEC correspondence	51	1.13	0.00	0.70
Sean M. ClaytonCooley LLP	Jul 2010	Named in SEC correspondence	28	0.73	0.00	1.38
Jason L. KentCooley LLP	May 2009	Named in SEC correspondence	25	1.07	0.00	1.01
Frederick T. MutoCooley LLP	Aug 2003	Named in SEC correspondence	46	0.95	1.03	1.13
L. Kay ChandlerCooley LLP	Jul 2002	Named in a filing	17	0.98	0.00	1.11
John L. DonahuePillsbury Madison & Sutro LLP	Dec 1999	Named in a filing	13	1.64	2.97	1.70
THOMAS E. SPARKS JR.Pillsbury Madison & Sutro LLP	Dec 1999	Named in a filing	13	0.45	0.81	1.52
Steven M. SkolnickLowenstein Sandler	May 2020	Text search only	69	1.23	1.18	1.36
Brian HirshbergMayer Brown	Feb 2020	Text search only	16	0.00	0.00	0.64