HomeMy WebLinkAboutReports - 2021.03.18 - 34203PORTFOLIO
MONITORING REVIEW
______________________
Marc h 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
February 3,2021 to March 4,2021.Information contained in this report is based upon the January 31,2021 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
Sunesis Pharmaceuticals, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Slack Technologies, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Xilinx, Inc.Merger Case
This is a mergers and acquisitions case with a deal value of $152.02 per share.
OCERS held 6,013 shares at the end of the class period at an average cost of
$121.00 per share.
Zagg Inc No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Nielsen Holdings PLC No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Lizhi Inc.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Inphi Corporation Merger Case
This is a mergers and acquisitions case with a deal value of $193.61 per share.
OCERS held 3,875 shares at the end of the class period at an average cost of
$162.45 per share.
CleanSpark, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Bit Digital, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Anworth Mortgage Asset Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
TeleNav, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
NTN Buzztime, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Exxon Mobil Corporation No PSLRA recognized losses.
OCERS held 16,523 shares at the end of the Class Period at an average cost
of $79.62 per share but made no purchases during the Class Period.
Therefore, there were no PSLRA losses and no action was recommended.
Aerojet Rocketdyne Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
2021 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
S & P Global Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
iRhythm Technologies, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Clover Health Investments, Corp.Unknown at this time.Will continue to monitor as portfolio data becomes available.
GigCapital, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Neos Therapeutics, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
bluebird bio, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Nantkwest, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
MML Investors Services, LLC: GME Unknown at this time.Will continue to monitor as portfolio data becomes available.
Juanpu Technology Inc.: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available.
FuboTV Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Ehang Holdings Limited: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available.
Immunovant, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Ebix, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Apache Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Waddell & Reed Financial, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Sportsman's Warehouse Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
MultiPlan Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Infinity Q Capital Management, LLC Unknown at this time.Will continue to monitor as portfolio data becomes available.
AgEagle Aerial Systems, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
MoneyGram International, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Aquestive Therapeutics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Velodyne Lidar, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Renewable Energy Group, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Ontrak, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Athenex, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Range Resources Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
Leidos Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.