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HomeMy WebLinkAboutReports - 2021.02.18 - 34153PORTFOLIO MONITORING REVIEW ______________________ February 2021 Short Form Summary OAKLAND COUNTY EMPLOYEES’ R ETIREMENT SYSTEM We identified the following companies which are subject to claims of fraud and/or misrepresentation during the period of January 9,2021 to February 2,2021.Information contained in this report is based upon the December 31,2020 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. 2021 Short Form Summary of PSLRA Filings PSLRA & Derivative lawsuits Impact Recommendation Uber Technologies, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Qiwi plc: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Splunk, Inc No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Foundation Building Materials, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Triterras, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Projekt S. A.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Solar Winds Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. QuantumScape Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Sunesis Pharmaceuticals, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Slack Technologies, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. GTT Communications, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Zagg Inc Unknown at this time.Will continue to monitor as portfolio data becomes available. Xilinx, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Penumbra, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Nielsen Holdings PLC Unknown at this time.Will continue to monitor as portfolio data becomes available. Decision Diagnostics Corp.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Walmart Inc.No PSLRA recognized losses. OCERS held 7,205 shares at the end of the Class Period at an average cost of $69.57 per share but made no purchases during the Class Period. Therefore, there were no PSLRA losses and no action was recommended. 2021 Short Form Summary of PSLRA Filings PSLRA & Derivative lawsuits Impact Recommendation Lizhi Inc.: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available. Inphi Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available. CleanSpark, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Bit Digital, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. 9F Inc.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. TeleNav, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Anworth Mortgage Asset Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available. Voyager Therapeutics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Astrazeneca PLC: ADS No PSLRA recognized losses. OCERS held 10,241 shares at the end of the Class Period at an average cost of $54.95 per share but made no purchases during the Class Period. Therefore, there were no PSLRA losses and no action was recommended. NTN Buzztime, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Exxon Mobil Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available. Aerojet Rocketdyne Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. S & P Global Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. iRhythm Technologies, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Tyson Foods, Inc.No PSLRA recognized losses. OCERS held 5,476 shares at the end of the Class Period at an average cost of $71.48 per share but made no purchases during the Class Period. Therefore, there were no PSLRA losses and no action was recommended.