Direct Digital Holdings, Inc. DRCT (last ticker on record)
CIK 1880613Its SEC filings (opens in a new tab)
- Restatement
- 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
- 2
- Newest began Nov 2024
- Largest fall in its shares
- 99%
- Mar 2024 to Oct 2026
- Law firms
- 8
- Linked to 5 or more companies
- Lawyers
- 4
- Linked to 5 or more companies
What happened
- 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)
- 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)
- Said its accounts could not be relied on (Item 4.02)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)
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.
- Troutman Pepper Locke LLPFirst linked Jan 2025 · Named in a filing · 90 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.14×
- Troutman Pepper Hamilton Sanders LLPFirst linked Oct 2024 · Named in a filing · 154 linked companiesSEC/DOJ scrutiny 1.18× · Went dark 0.00× · 95% wipeout 1.15×
- Faegre Drinker Biddle & Reath LLPFirst linked Sep 2021 · Named in SEC correspondence · 138 linked companiesSEC/DOJ scrutiny 1.29× · Went dark 4.29× · 95% wipeout 1.16×
- McGuireWoods LLPFirst linked Sep 2021 · Named in SEC correspondence · 358 linked companiesSEC/DOJ scrutiny 0.97× · Went dark 0.85× · 95% wipeout 1.11×
- Duane MorrisFirst linked Apr 2026 · Text search only · 413 linked companiesSEC/DOJ scrutiny 0.76× · Went dark 1.28× · 95% wipeout 1.06×
- Blank RomeFirst linked Jan 2022 · Text search only · 348 linked companiesSEC/DOJ scrutiny 1.04× · Went dark 0.79× · 95% wipeout 1.36×
- Fredrikson & Byron, P.A.First linked Oct 2021 · Text search only · 154 linked companiesSEC/DOJ scrutiny 0.55× · Went dark 0.53× · 95% wipeout 1.07×
- Drinker Biddle & ReathFirst linked Sep 2021 · Text search only · 213 linked companiesSEC/DOJ scrutiny 1.46× · Went dark 0.77× · 95% wipeout 1.25×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Troutman Pepper Locke LLP | Jan 2025 | Named in a filing | 90 | 0.00 | 0.00 | 0.14 |
| Troutman Pepper Hamilton Sanders LLP | Oct 2024 | Named in a filing | 154 | 1.18 | 0.00 | 1.15 |
| Faegre Drinker Biddle & Reath LLP | Sep 2021 | Named in SEC correspondence | 138 | 1.29 | 4.29 | 1.16 |
| McGuireWoods LLP | Sep 2021 | Named in SEC correspondence | 358 | 0.97 | 0.85 | 1.11 |
| Duane Morris | Apr 2026 | Text search only | 413 | 0.76 | 1.28 | 1.06 |
| Blank Rome | Jan 2022 | Text search only | 348 | 1.04 | 0.79 | 1.36 |
| Fredrikson & Byron, P.A. | Oct 2021 | Text search only | 154 | 0.55 | 0.53 | 1.07 |
| Drinker Biddle & Reath | Sep 2021 | Text search only | 213 | 1.46 | 0.77 | 1.25 |
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.
- David S. WolpaMcGuireWoods LLPFirst linked Jan 2022 · Named in a filing · 14 linked companiesSEC/DOJ scrutiny 1.31× · Went dark 0.00× · 95% wipeout 1.12×
- Ben A. StackeFaegre Drinker Biddle & Reath LLPFirst linked Nov 2021 · Named in SEC correspondence · 17 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.55×
- Rakesh GopalanMcGuireWoods LLPFirst linked Sep 2021 · Named in SEC correspondence · 14 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.33×
- Stephen E. OlderMcGuireWoods LLPFirst linked Sep 2021 · Named in SEC correspondence · 35 linked companiesSEC/DOJ scrutiny 2.92× · Went dark 0.66× · 95% wipeout 1.79×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| David S. WolpaMcGuireWoods LLP | Jan 2022 | Named in a filing | 14 | 1.31 | 0.00 | 1.12 |
| Ben A. StackeFaegre Drinker Biddle & Reath LLP | Nov 2021 | Named in SEC correspondence | 17 | 0.00 | 0.00 | 1.55 |
| Rakesh GopalanMcGuireWoods LLP | Sep 2021 | Named in SEC correspondence | 14 | 0.00 | 0.00 | 1.33 |
| Stephen E. OlderMcGuireWoods LLP | Sep 2021 | Named in SEC correspondence | 35 | 2.92 | 0.66 | 1.79 |