{
  "docId": "019dd923-622c-750b-8b98-9d969fe4e5f7",
  "docSlug": "cd566ab57f86",
  "documentTitle": "Aerojet Rocketdyne Holdings, Inc. (AJRD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-04-09 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 40,
  "pageCount": 57,
  "prevPage": 39,
  "nextPage": 41,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "Uses a table to compare historical bio text against current state license data.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "comparison_table",
    "data_table"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-9d969fe4e5f7/40",
  "deckHref": "/decks/019dd923-622c-750b-8b98-9d969fe4e5f7",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-9d969fe4e5f7.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-9d969fe4e5f7#slide-40",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "A typo, error, or misrepresentation of his qualifications? We observe that the AJRD's CFO was represented as a CPA upon his appointment to the role in 2016. However, the Company has changed his bio to say he \"successfully completed the CPA exam requirements\". What's clear from his record is that his CPA expired in 2009, or more than 10 years ago.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-3f3d-76db-b32e-c205bae60ef2",
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    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.96,
        "x": 0.02,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "A typo, error, or misrepresentation of his qualifications? We observe that the AJRD's CFO was represented as a CPA upon his appointment to the role in 2016. However, the Company has changed his bio to say he \"successfully completed the CPA exam requirements\". What's clear from his record is that his CPA expired in 2009, or more than 10 years ago.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8cb08dee-7243-4391-8637-24131cf241dd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.58,
        "w": 0.82,
        "x": 0.09,
        "y": 0.32
      },
      "kind": "table",
      "text": "Comparison of bio claims vs state license records",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0d272ef4-65d1-469c-8524-1d13ae5343f1",
      "frameworkName": null,
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    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.65,
        "x": 0.32,
        "y": 0.05
      },
      "kind": "title",
      "text": "Has The CFO Misrepresented Himself?",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d5459ac4-eef4-4754-8ea5-cf9a77b6344e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "8bdf145d-968f-4a37-a812-0d184f13abed",
      "evidence": "The slide explicitly frames a discrepancy in professional credentials as a potential misrepresentation.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 13,
      "beatId": "873c53fb-104b-433f-8de2-ed94336be1f4",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Struggle",
      "beatSlug": "overcoming-monster-the-struggle",
      "evidence": "The deck details the struggles and challenges faced by AJRD, including management departures, competitive pressures, and financial issues",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [],
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  "locked": true
}