HomeMy WebLinkAboutReports - 2022.02.17 - 35415PORTFOLIO
MONITORING REVIEW
______________________
February 2022
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
8,2022,to February 4,2022.Information contained in this report is based upon the December 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.
2022 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
Robinhood Markets, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
SharpSpring, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Reata Pharmaceuticals, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
DocuSign, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Meta Materials Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
KE Holdings,: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Talis Biomedical Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
First Solar, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Oak Street Health, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
FirstCash Holdings, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Volkswagen AG: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
NRx Pharmaceuticals, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Clarivate Plc No PSLRA recognized losses.
OCERS held 7,283 shares at the end of the Class Period at an average cost
of $26.36 per share, but made no purchases during the Class Period.
Therefore, there were no PSLRA losses and no action was recommended.
Bumble Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Standard Lithium Ltd.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
2022 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
Shattuck Labs, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Electric Last Mile Solutions, Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
TAL Education Group: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
New Oriental Education & Tech Gp Inc.: ADS No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
2022 Short Form Summary of PSLRA Filings
PSLRA & Derivative lawsuits Impact Recommendation
Meta Materials Inc.Unknown at this time.Will continue to monitor as portfolio data becomes available.
Credit Suisse AG No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Bright Health Group, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Talkspace, Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.
Talis Biomedical Corporation Unknown at this time.Will continue to monitor as portfolio data becomes available.
Goldman Sachs Group Inc.No PSLRA recognized losses.OCERS had no holdings during the relevant time period; therefore, no action
was recommended.