{
  "docId": "019dd923-622c-750b-8b98-ce8e8f2b4a97",
  "docSlug": "c5a10320e53e",
  "documentTitle": "Cintas Corp. (CTAS)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-11-13 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 10,
  "pageCount": 73,
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  "slideType": "thesis_headline",
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  "density": "balanced",
  "nDataPoints": 1,
  "notes": "Uses a hub-and-spoke diagram to illustrate the breadth of stakeholders affected by Cintas's alleged misconduct.",
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  "slideHref": "/slides/019dd923-622c-750b-8b98-ce8e8f2b4a97/10",
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  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Cintas needs to conduct a fully independent, and audited review of its Fire Protection Services workforce to make sure it is conducting its business in compliance with the law.",
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      "kind": "diagram",
      "text": "Hub-and-spoke diagram showing Cintas at the center with arrows pointing to various stakeholder groups.",
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      "text": "Cintas logo",
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      "kind": "paragraph",
      "text": "Cintas has a sordid history in dealing with labor unions, settling lawsuits related to employment discrimination, and environmental compliance. Spruce Point finds it particularly troubling that individuals at Cintas committed fraud by misrepresenting that 8 of 12 inspectors in Aurora, Illinois were certified to conduct fire inspections, which are critical to protecting the public. Cintas needs to conduct a fully independent, and audited review of its Fire Protection Services workforce to make sure it is conducting its business in compliance with the law. Innocent people should not be put at risk by unqualified inspectors hired by Cintas.",
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      "kind": "title",
      "text": "Cintas Stakeholders Deserve A Full And Independent Review of Its Fire Inspection Business",
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      "evidence": "The deck presents evidence of Cintas' potential law violations in its fire protection business.",
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      "objective": "Does Cintas' fire protection business put lives at risk?",
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