Advantage Solutions Inc. ADV (last ticker on record)
CIK 1776661Its 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 Feb 2026
- Largest fall in its shares
- 95%
- Dec 2020 to Feb 2026
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 10
- 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)
- 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.
- Latham & Watkins LLPFirst linked Sep 2020 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.08×
- Shearman & SterlingFirst linked Sep 2020 · Named in SEC correspondence · 2,650 linked companiesSEC/DOJ scrutiny 1.21× · Went dark 0.13× · 95% wipeout 0.84×
- Kirkland & EllisFirst linked May 2019 · Named in SEC correspondence · 1,687 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.17× · 95% wipeout 0.86×
- Ropes & GrayFirst linked May 2019 · Named in SEC correspondence · 914 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.14× · 95% wipeout 0.91×
- Davis PolkFirst linked Nov 2020 · Text search only · 1,696 linked companiesSEC/DOJ scrutiny 1.25× · Went dark 0.06× · 95% wipeout 0.99×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Latham & Watkins LLP | Sep 2020 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.08 |
| Shearman & Sterling | Sep 2020 | Named in SEC correspondence | 2,650 | 1.21 | 0.13 | 0.84 |
| Kirkland & Ellis | May 2019 | Named in SEC correspondence | 1,687 | 0.97 | 0.17 | 0.86 |
| Ropes & Gray | May 2019 | Named in SEC correspondence | 914 | 0.97 | 0.14 | 0.91 |
| Davis Polk | Nov 2020 | Text search only | 1,696 | 1.25 | 0.06 | 0.99 |
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.
- Christopher M. ForresterShearman & SterlingFirst linked Mar 2021 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.00× · 95% wipeout 1.29×
- Gillian Emmett MoldowanShearman & SterlingFirst linked Jan 2021 · Named in a filing · 20 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.00× · 95% wipeout 1.39×
- Darren GuttenbergLatham & Watkins LLPFirst linked Dec 2020 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.92× · Went dark 0.00× · 95% wipeout 0.98×
- Drew CapurroLatham & Watkins LLPFirst linked Nov 2020 · Named in SEC correspondence · 41 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 1.26×
- Howard A. SobelLatham & Watkins LLPFirst linked Nov 2020 · Named in a filing · 33 linked companiesSEC/DOJ scrutiny 0.33× · Went dark 0.00× · 95% wipeout 1.36×
- Michael A. TreskaLatham & Watkins LLPFirst linked Nov 2020 · Named in a filing · 21 linked companiesSEC/DOJ scrutiny 0.51× · Went dark 0.00× · 95% wipeout 0.78×
- Christian O. NaglerKirkland & EllisFirst linked May 2019 · Named in SEC correspondence · 260 linked companiesSEC/DOJ scrutiny 0.89× · Went dark 0.00× · 95% wipeout 1.03×
- Christopher J. CapuzziRopes & GrayFirst linked May 2019 · Named in SEC correspondence · 56 linked companiesSEC/DOJ scrutiny 0.79× · Went dark 0.00× · 95% wipeout 0.86×
- Paul D. TroppRopes & GrayFirst linked May 2019 · Named in SEC correspondence · 108 linked companiesSEC/DOJ scrutiny 0.86× · Went dark 0.00× · 95% wipeout 0.93×
- Peter S. SeligsonKirkland & EllisFirst linked May 2019 · Named in SEC correspondence · 73 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.17×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Christopher M. ForresterShearman & Sterling | Mar 2021 | Named in SEC correspondence | 18 | 1.26 | 0.00 | 1.29 |
| Gillian Emmett MoldowanShearman & Sterling | Jan 2021 | Named in a filing | 20 | 0.79 | 0.00 | 1.39 |
| Darren GuttenbergLatham & Watkins LLP | Dec 2020 | Named in SEC correspondence | 14 | 0.92 | 0.00 | 0.98 |
| Drew CapurroLatham & Watkins LLP | Nov 2020 | Named in SEC correspondence | 41 | 1.05 | 0.00 | 1.26 |
| Howard A. SobelLatham & Watkins LLP | Nov 2020 | Named in a filing | 33 | 0.33 | 0.00 | 1.36 |
| Michael A. TreskaLatham & Watkins LLP | Nov 2020 | Named in a filing | 21 | 0.51 | 0.00 | 0.78 |
| Christian O. NaglerKirkland & Ellis | May 2019 | Named in SEC correspondence | 260 | 0.89 | 0.00 | 1.03 |
| Christopher J. CapuzziRopes & Gray | May 2019 | Named in SEC correspondence | 56 | 0.79 | 0.00 | 0.86 |
| Paul D. TroppRopes & Gray | May 2019 | Named in SEC correspondence | 108 | 0.86 | 0.00 | 0.93 |
| Peter S. SeligsonKirkland & Ellis | May 2019 | Named in SEC correspondence | 73 | 0.48 | 0.00 | 1.17 |