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  "documentTitle": "XPO Logistics, Inc. (XPO)",
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  "notes": "Uses a FINRA enforcement action document as primary evidence to link a director's firm to a felon and XPO's capital raising activities.",
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      "text": "G.C. Andersen's firm employed a known felon to assist in \"private placements\" from 2015-2017.",
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      "text": "Spruce Point has additional concerns about XPO's former Director G.C. Andersen...",
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      "text": "\"For Mr. Andersen, those relationships included ordinary course commercial transactions between our company and an entity for which Mr. Andersen is a director.\" Source: XPO 2016 Proxy Statement, p.18",
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      "text": "\"For Mr. Andersen, those relationships included ordinary course commercial transactions between our company and an entity for which Mr. Andersen is a director.\" — XPO 2016 Proxy Statement, p.18",
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      "text": "Source: FINRA vs. G.C. Andersen Partners Capital LLC, June 28, 2018",
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      "text": "XPO Private Placements During Same Time Period (March 2014 – Aug 2017) Associated With \"JM\"",
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      "text": "XPO's Director Hired A Convicted Felon To Work on Private Placement Transactions During A Period XPO Was Actively Issuing Private Placements...Coincidence?",
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