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  "docSlug": "15874954effa",
  "documentTitle": "XPO Logistics, Inc. (XPO)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-12-13 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 9,
  "pageCount": 68,
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  "slideType": "precedent_table",
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  "nDataPoints": 12,
  "notes": "The table uses a 'URI Playbook' column to highlight where XPO's behavior mirrors past fraudulent activity.",
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  "components": [
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      "kind": "callout",
      "text": "URI case cited improper accounting for customer relationships, while we observe XPO consistently stretching out assumptions for customer relationship",
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      "text": "Spruce Point Capital Management",
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      "kind": "table",
      "text": "Table comparing XPO concerns, evidence, impacts, and URI playbook parallels.",
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      "kind": "title",
      "text": "Summary of XPO Financial & Accounting Concerns: Mirroring The United Rentals Fraud Scandal of 2008?",
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      "evidence": "The slide explicitly compares current company practices to a known historical fraud case (United Rentals 2008) to signal potential malfeasance.",
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      "arcName": "Overcoming the Monster",
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      "evidence": "The executive summary and tables highlighting XPO's financial and accounting concerns introduce the main issues",
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