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Asset Acceptance Capital Corp. was a publicly traded company. By 2005 the company's profits rose to $51.3 million. [citation needed]By 2009, Asset Acceptance Capital Corp was one of the "four largest publicly traded debt buyers" who purchased $19.6 billion in distressed debt along with Encore Capital Group, Asta Funding Inc., and Portfolio Recovery Associates.
A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts. The debt buyer can then collect on its own, utilize ...
If you own Asset Acceptance common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim ...
Internal Revenue Code ยง 1221. Arkansas Best Corporation v. Commissioner, 485 U.S. 212 (1988), is a United States Supreme Court decision that helps taxpayers classify whether or not the sale of an asset is an ordinary or capital gain or loss for income tax purposes. [ 1]
Law Firm Brower Piven Announces Investigation of Asset Acceptance Capital Corp. Proposed Acquisition STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation firm of Brower Piven, A ...
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WeissLaw LLP Investigates Asset Acceptance Capital Corp. Acquisition NEW YORK--(BUSINESS WIRE)-- WeissLaw LLP, a national class action, shareholder rights law firm with offices in New York and Los ...
Laws applied. Section 10 (b) of the Securities Exchange Act. Stoneridge Investment Partners v. Scientific-Atlanta, 552 U.S. 148 (2008), was a decision by the United States Supreme Court pertaining to the scope of liability of secondary actors, such as lawyers and accountants, for securities fraud under the Securities Exchange Act of 1934.