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HomeMy WebLinkAboutReports - 2021.09.23 - 34828PORTFOLIO MONITORING REVIEW ______________________ September 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 August 6,2021 to September 3,2021.Information contained in this report is based upon the July 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 Didi Global Inc.:ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Kanzhun Limited: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Full Truck Alliance Co. Ltd.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. 360 DigiTech, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Stable Road Acquisition Corp.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Coinbase Global, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. BlueCity Holdings Limited: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Coinbase Global, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Oatly Group AB: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. AdaptHealth Corp.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Activision Blizzard, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Zymergen Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Bowl America, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Iterum Therapeutics plc No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Ardelyx, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. SelectQuote, 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 Koninklijke Philips N.V.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. ATI Physicial Therapy, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Annovis Bio, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. View, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Sesen Bio, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Paypal Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action was recommended. Generac Holdings Inc.No PSLRA recognized losses. OCERS held 1,675 shares at the end of the Class Period at an average cost of $272.36 per share but made no purchases during the Class Period. Therefore, there were no PSLRA losses and no action was recommended. Katapolt Holdings, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. HyreCar Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Cassava Sciences, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Spectrum Pharmaceuticals, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available. Contango Oil & Gas Company Unknown at this time.Will continue to monitor as portfolio data becomes available. loanDepot, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.