AAC Holdings, Inc. AAC (last ticker on record)
CIK 1606180Its SEC filings (opens in a new tab)
- Restatement
- Delisting notice (not a red flag)
- 95% wipeout
- Restructuring
- Bankruptcy
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 Jun 2020
- Largest fall in its shares
- 98%
- Jul 2016 to Oct 2019
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 2
- Linked to 5 or more companies
What happened
- 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)
- 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)
- Delisting notice (Item 3.01)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.
- Bass, Berry & SimsFirst linked Jul 2014 · Named in SEC correspondence · 40 linked companiesSEC/DOJ scrutiny 0.88× · Went dark 0.61× · 95% wipeout 0.70×
- Ballard SpahrFirst linked May 2014 · Named in SEC correspondence · 492 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 1.06× · 95% wipeout 0.73×
- Sidley AustinFirst linked May 2014 · Named in SEC correspondence · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Baker, Donelson, Bearman, Caldwell & Berkowitz, PCFirst linked May 2014 · Text search only · 149 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 1.18× · 95% wipeout 1.15×
- Stites & HarbisonFirst linked May 2014 · Text search only · 35 linked companiesSEC/DOJ scrutiny 0.19× · Went dark 0.00× · 95% wipeout 0.60×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Bass, Berry & Sims | Jul 2014 | Named in SEC correspondence | 40 | 0.88 | 0.61 | 0.70 |
| Ballard Spahr | May 2014 | Named in SEC correspondence | 492 | 1.23 | 1.06 | 0.73 |
| Sidley Austin | May 2014 | Named in SEC correspondence | 1,210 | 1.30 | 0.14 | 0.93 |
| Baker, Donelson, Bearman, Caldwell & Berkowitz, PC | May 2014 | Text search only | 149 | 0.72 | 1.18 | 1.15 |
| Stites & Harbison | May 2014 | Text search only | 35 | 0.19 | 0.00 | 0.60 |
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.
- Michael P. HeinzSidley AustinFirst linked May 2014 · Named in SEC correspondence · 46 linked companiesSEC/DOJ scrutiny 1.59× · Went dark 0.00× · 95% wipeout 1.24×
- Laura R. BrothersFirst linked May 2014 · Text search only · 5 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.39×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Michael P. HeinzSidley Austin | May 2014 | Named in SEC correspondence | 46 | 1.59 | 0.00 | 1.24 |
| Laura R. Brothers | May 2014 | Text search only | 5 | 0.00 | 0.00 | 1.39 |