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HomeMy WebLinkAboutReports - 2021.06.17 - 34745PORTFOLIO MONITORING REVIEW ______________________ June 2021 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 May 7, 2021,to June 3,2021.Information contained in this report is based upon the April 30,2021,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 Cubic Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. FLIR Systems, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Ebang International Holdings Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Intrusion Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Fibrogen, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Canann Inc.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Romeo Power Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Perspecta Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. LifeMD, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Acadia Pharmaceuticals Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Franklin Wireless Corp.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Arcimoto Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Boingo Wireless, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Pinterest, 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 Peloton Interactive, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. ChemCentryx, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Apex Clearing Corporation No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Skillz Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Purecycle Technologies, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Aterian, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Danimer Scientific, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Array Technologies Unknown at this time.Will continue to monitor as portfolio data becomes available. ContextLogic Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Ubiquiti Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Provention Bio, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Washington Prime Group, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. PRA Health Sciences, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Nuance Communications, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Houston Wire & Cable Company Unknown at this time.Will continue to monitor as portfolio data becomes available. GW Pharmaceuticals, PLC: ADS Unknown at this time.Will continue to monitor as portfolio data becomes available. Virgin Galactic Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Nutanix, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Frequency Therapeutics, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended.