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HomeMy WebLinkAboutReports - 2020.08.20 - 33511PORTFOLIO MONITORING REVIEW ______________________ August 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 July 1, 2020 to August 6,2020.Information contained in this report is based upon the June 30,2020 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 Hebron Technology Co., Ltd.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. KLX Energy Services Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. SB One Bancorp No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Tetraphase Pharmaceuticals, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Casper Sleep Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Chembio Diagnostics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Ideanomics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Endo International plc No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Finjin Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. resTORbio. Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Kingold Jewelry, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Chembio Diagnostics, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Pilgrim's Pride Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. China XD Plastics Company Limited Unknown at this time.Will continue to monitor as portfolio data becomes available. Wirecard AG No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. The GEO Group, 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 J2 Global, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. TerraForm Power, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Verrica Pharmaceuticals Inc No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. AgroFresh Solutions, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Deutsche Bank Aktiengesellshaft Unknown at this time.Will continue to monitor as portfolio data becomes available. Bayer Aktiengesellshaft: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Tetraphase Pharmaceuticals, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Sky Solar Holdings, Ltd.: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available. McDermott International, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Tufin Software Technologies Ltd.Unknown at this time.Will continue to monitor as portfolio data becomes available. Insperity, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Energy Recovery, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Wins Finance Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Guidewire Software, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. ProShares Ultra Bloomberg Crude Oil No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Intel Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available. FirstEnergy Corp.Unknown at this time.Will continue to monitor as portfolio data becomes available. Bebefytt Technologies, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Amyris, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Velocity Financial, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. The Republic of Ecuador Unknown at this time.Will continue to monitor as portfolio data becomes available. Forescout Technologies, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Rexahn Pharmaceuticals, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. GlobalSCAPE, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Airbus SE: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available.