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  "documentTitle": "Autodesk, Inc. (ADSK)",
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  "presentationDate": "2024-08-06 00:00:00",
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      "kind": "callout",
      "text": "But when it became clear that Autodesk would miss its financial targets, management reversed course – harming the Company, its customers, and its shareholders – to protect and potentially enrich themselves",
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      "text": "After repeatedly espousing the benefits of moving to annual billings, Autodesk reverted to its old practice in an attempt to hit its financial targets.",
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      "text": "Management stated the transition to annual billings was better for Autodesk, its customers, and its shareholders.... But when it became clear that Autodesk would miss its financial targets, management reversed course – harming the Company, its customers, and its shareholders – to protect and potentially enrich themselves",
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      "kind": "quote",
      "text": "…overall, we're focused on making changes that are both good for our customers and good for Autodesk and shifting more of the billing patterns for our enterprise business agreements to annual billings is one step to help us achieve that goal… ...it's a change that we think is better for our customers and better for Autodesk and will help us make Autodesk a more valuable company over time.",
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      "text": "“...overall, we're focused on making changes that are both good for our customers and good for Autodesk and shifting more of the billing patterns for our enterprise business agreements to annual billings is one step to help us achieve that goal... ...it's a change that we think is better for our customers and better for Autodesk and will help us make Autodesk a more valuable company over time.” — Deborah Clifford, Fmr CFO, September 2021",
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      "text": "Source: Company’s earnings transcripts. Note: Quotes bolded and underlined for emphasis.",
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      "kind": "title",
      "text": "Autodesk Took Actions That Were Not in the Company’s or Shareholders’ Best Interests",
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