BRC Inc. BRCC (last ticker on record)
CIK 1891101Its 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 Jun 2025
- Largest fall in its shares
- 97%
- Apr 2022 to Feb 2026
- Law firms
- 7
- Linked to 5 or more companies
- Lawyers
- 6
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- 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.
- Hogan Lovells US LLPFirst linked Nov 2021 · Named in SEC correspondence · 487 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 0.26× · 95% wipeout 0.85×
- Kirkland & EllisFirst linked Nov 2021 · Named in SEC correspondence · 1,686 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.17× · 95% wipeout 0.87×
- Paul HastingsFirst linked Nov 2021 · Named in SEC correspondence · 768 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.72× · 95% wipeout 1.09×
- Baker & HostetlerFirst linked Dec 2021 · Text search only · 231 linked companiesSEC/DOJ scrutiny 1.11× · Went dark 1.12× · 95% wipeout 1.35×
- Latham & Watkins LLPFirst linked Nov 2021 · Text search only · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Linklaters LLPFirst linked Nov 2021 · Text search only · 156 linked companiesSEC/DOJ scrutiny 1.05× · Went dark 0.00× · 95% wipeout 0.63×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Nov 2021 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Hogan Lovells US LLP | Nov 2021 | Named in SEC correspondence | 487 | 0.96 | 0.26 | 0.85 |
| Kirkland & Ellis | Nov 2021 | Named in SEC correspondence | 1,686 | 0.98 | 0.17 | 0.87 |
| Paul Hastings | Nov 2021 | Named in SEC correspondence | 768 | 0.98 | 0.72 | 1.09 |
| Baker & Hostetler | Dec 2021 | Text search only | 231 | 1.11 | 1.12 | 1.35 |
| Latham & Watkins LLP | Nov 2021 | Text search only | 2,667 | 0.98 | 0.31 | 1.10 |
| Linklaters LLP | Nov 2021 | Text search only | 156 | 1.05 | 0.00 | 0.63 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Nov 2021 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
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.
- Elizabeth A. RazzanoPaul HastingsFirst linked Aug 2024 · Named in SEC correspondence · 11 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 2.06×
- David R. CrandallHogan Lovells US LLPFirst linked May 2023 · Named in SEC correspondence · 21 linked companiesSEC/DOJ scrutiny 1.20× · Went dark 2.39× · 95% wipeout 2.05×
- Joshua N. KorffKirkland & EllisFirst linked Dec 2021 · Named in SEC correspondence · 107 linked companiesSEC/DOJ scrutiny 0.65× · Went dark 0.00× · 95% wipeout 1.43×
- Jonathan KoPaul HastingsFirst linked Nov 2021 · Named in SEC correspondence · 65 linked companiesSEC/DOJ scrutiny 1.63× · Went dark 0.00× · 95% wipeout 0.97×
- Peter S. SeligsonKirkland & EllisFirst linked Nov 2021 · Named in SEC correspondence · 73 linked companiesSEC/DOJ scrutiny 0.48× · Went dark 0.00× · 95% wipeout 1.17×
- David M. HernandLatham & Watkins LLPFirst linked Nov 2021 · Text search only · 12 linked companiesSEC/DOJ scrutiny 2.44× · Went dark 0.00× · 95% wipeout 2.48×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Elizabeth A. RazzanoPaul Hastings | Aug 2024 | Named in SEC correspondence | 11 | 0.00 | 0.00 | 2.06 |
| David R. CrandallHogan Lovells US LLP | May 2023 | Named in SEC correspondence | 21 | 1.20 | 2.39 | 2.05 |
| Joshua N. KorffKirkland & Ellis | Dec 2021 | Named in SEC correspondence | 107 | 0.65 | 0.00 | 1.43 |
| Jonathan KoPaul Hastings | Nov 2021 | Named in SEC correspondence | 65 | 1.63 | 0.00 | 0.97 |
| Peter S. SeligsonKirkland & Ellis | Nov 2021 | Named in SEC correspondence | 73 | 0.48 | 0.00 | 1.17 |
| David M. HernandLatham & Watkins LLP | Nov 2021 | Text search only | 12 | 2.44 | 0.00 | 2.48 |