HomeMy WebLinkAboutReports - 2020.02.20 - 32835PORTFOLIO
MONITORING REVIEW
______________________
February 2020
Short Form Summary
OAKLAND COUNTY
EMPLOYEES’ RETIREMENT SYSTEM
We identified the following companies which are subject to claims of fraud and/or misrepresentation during the period of January
3,2020 to February 5,2020.Information contained in this report is based upon the December 31,2019 data,which is the latest
available from Northern Trust.We will continue to monitor these cases for any developments that could impact OCERS,
including settlements.
2020 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
Caronite, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Fitbit, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Liberty Property Trust No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Cision Ltd.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Correvio Pharma Corp No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
X Financial: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Anixter International Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
The Medicines Company No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Foamix Pharmaceuticals Ltd.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Ladenburg Thalmann Financial Services Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
William Lyon Homes No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Exelon Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Trulieve Cannabis Corp.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Green Dot Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Audentes Therapeutics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
2020 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
Aircastle Limited No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Continental Building Products, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Tech Data Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Pattern Energy Group Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Arqule Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Tiffany & Co.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Synthorx, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
MutualFirst Financial, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Mohawk Industries, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Kemet Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
IBERIABANK Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
Instructure, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Acacia Research Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
Wright Medical Group N.V.Unknown at this time.Will continue to monitor as portfolio data becomes available.
500.com Limited No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Ribbon Communications Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Portola Pharmaceuticals, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Diplomat Pharmacy, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
AK Steel Holding Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
Central European Media Enterprises Ltd.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Care.com, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Qudian Inc.: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available.
Geron Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Opera Limited Unknown at this time.Will continue to monitor as portfolio data becomes available.
2020 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
LogMein, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Demira, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Craft Brew Alliance, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Westpac Banking Corporation: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Gardner Denver Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Beyond Meat, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Tallgrass Energy, LP Unknown at this time.Will continue to monitor as portfolio data becomes available.
Primo Water Company Unknown at this time.Will continue to monitor as portfolio data becomes available.
AquaVenture Holdings Limited Unknown at this time.Will continue to monitor as portfolio data becomes available.
Sasol Limited: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available.