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  "docSlug": "9551be67f14d",
  "documentTitle": "Perion Network Ltd. (PERI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-05-23 00:00:00",
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  "pageNumber": 38,
  "pageCount": 127,
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      "text": "Spruce Point is alarmed that PERI's audit chairman Michal Drayman held multiple financial roles at Lumenis Ltd. during the same period where the CFO and COO were charged with a scheme to fraudulently inflate revenues and misrepresent financial metrics.",
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      "text": "Excerpts from PERI 20-F and LinkedIn profiles",
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      "text": "Spruce Point is alarmed that PERI's audit chairman Michal Drayman held multiple financial roles at Lumenis Ltd. during the same period where the CFO and COO were charged with a scheme to fraudulently inflate revenues and misrepresent financial metrics. Though not implicated in the scheme, Michal Drayman overlapped with CEO Doron Gerstel at Lumenis Ltd. We prefer that PERI's audit chair have no prior business relationships with the CEO.",
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      "text": "Source: LinkedIn",
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      "text": "Source: PERI 20-F and JVP Biography",
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      "text": "PERI's Audit Chair Also Worked At Lumenis Ltd.",
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      "evidence": "The deck presents a series of logical and coherent arguments to build a case against PERI.",
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