Wheels Up Experience Inc. UP (last ticker on record)

CIK 1819516Its SEC filings (opens in a new tab)

Restatement
Restructuring
95% wipeout
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: 3; Newest began Apr 2023
Largest fall in its shares: 99%; Jul 2021 to Oct 2026
Law firms: 12; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Dec 19, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 25, 2025Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 14, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Apr 3, 2023Shares down 95% from their high
Mar 31, 2023Said its accounts could not be relied on (Item 4.02)Form 8-K/A (opens in a new tab)
Mar 1, 2023Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
May 4, 2021Said 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.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Troutman Pepper Locke LLP	Jun 2025	Named in SEC correspondence	90	0.00	0.00	0.14
Cozen O'Connor P.C.	Mar 2022	Named in SEC correspondence	163	1.03	0.63	0.94
Arnold & Porter	Mar 2021	Named in SEC correspondence	254	1.03	0.11	0.84
Kirkland & Ellis	Jul 2020	Named in SEC correspondence	1,686	0.98	0.17	0.87
Skadden, Arps, Slate, Meagher & Flom LLP	Jul 2020	Named in SEC correspondence	2,607	1.15	0.19	0.85
Milbank Tweed Hadley & McCloy	May 2021	Text search only	439	1.03	0.35	0.76
Vedder Price	May 2021	Text search only	144	1.03	0.35	0.94
Baker & McKenzie	Mar 2021	Text search only	587	1.07	0.72	1.00
Davis Polk	Mar 2021	Text search only	1,694	1.26	0.06	1.02
O Melveny & Myers LLP	Mar 2021	Text search only	589	1.07	0.25	1.07
Maples and Calder	Jul 2020	Text search only	1,144	0.95	0.26	0.92
Willkie Farr	Jul 2020	Text search only	539	1.23	0.40	0.84

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
Steven KhadaviDorsey & Whitney LLP	Jun 2025	Named in SEC correspondence	10	1.74	0.00	0.00
Jeremiah G. GarveyCozen O'Connor P.C.	Mar 2022	Named in SEC correspondence	12	0.00	0.00	1.13
Seth H. PopickCozen O'Connor P.C.	Mar 2022	Named in SEC correspondence	12	0.00	0.00	0.86
Christopher M. BarlowSkadden, Arps, Slate, Meagher & Flom LLP	Mar 2021	Named in SEC correspondence	11	2.01	—	1.63
Christopher P. PetersonArnold & Porter	Mar 2021	Named in SEC correspondence	10	2.29	0.00	1.69
Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLP	Jul 2020	Named in SEC correspondence	206	1.74	0.21	0.99
Howard L. EllinSkadden, Arps, Slate, Meagher & Flom LLP	Jul 2020	Named in SEC correspondence	54	1.71	0.00	1.07
P. Michelle GasawaySkadden, Arps, Slate, Meagher & Flom LLP	Mar 2021	Text search only	70	1.01	0.00	0.85
Christian O. NaglerKirkland & Ellis	Jul 2020	Text search only	260	0.89	0.00	1.01