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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-07-14 00:00:00",
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  "notes": "Uses a 'villain' framing technique to discredit a board nominee.",
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      "text": "Warning: Given concerns we will document about Oatly's: 1) Lack of adequate financial disclosures, 2) Three auditors in six years, and 3) Evidence of key financial and operational metrics not adding up, we find it curious that the Company appointed Frances Rathke to the Board.",
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      "text": "Warning: Given concerns we will document about Oatly's: 1) Lack of adequate financial disclosures, 2) Three auditors in six years, and 3) Evidence of key financial and operational metrics not adding up, we find it curious that the Company appointed Frances Rathke to the Board.",
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      "text": "Also, Oatly fails to disclose that Ms. Rathke was interim CFO of Wild Oats Markets, Inc (Nasdaq: OATS). Immediately upon hiring her, the Company filed amended 10K/A and 10Q/A forms \"to correct certain clerical errors and to supplement certain information previously provided\". Rathke also claimed to be a CPA for 15 years after her license expired.",
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      "kind": "paragraph",
      "text": "What Ms. Rathke's biography fails to omit is that while CFO, Treasurer (and Chief Accounting Officer) of Green Mountain Coffee (Nasdaq: GMCR), the Company came under investigation by the SEC, and in 2010, announced a multi-year financial restatement from 2007-2010.",
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      "text": "Rathke also claimed to be a CPA for 15 years after her license expired.",
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      "text": "1) Green Mountain Coffee Roasters, Inc. Announces Restatement of Financials, Nov 19, 2010 and 8-K; 2) Wild Oats files 10K/A and 10Q/A after hiring Rathke in July 2001; 3) Rathke's CPA license expired in 1993, yet her biography claimed she is a CPA through 2008",
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      "text": "Comparison of Oatly biography vs GMCR biography regarding roles and CPA status.",
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      "kind": "title",
      "text": "Audit Chair Tied To Accounting Scandal And SEC Investigation At Green Mountain Coffee (Nasdaq: GMCR)",
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