{
  "docId": "019dd923-622c-750b-8b99-856ed0788e9a",
  "docSlug": "40e9e62f0249",
  "documentTitle": "PowerSchool Holdings, Inc. (PWSC)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-04-17 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 59,
  "pageCount": 117,
  "prevPage": 58,
  "nextPage": 60,
  "slideType": "cite_precedent",
  "function": "cite_precedent",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "Includes a screenshot of a legal complaint (Bate et al v. Securly, Inc.) as supporting evidence.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "callout_box",
    "screenshot"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-856ed0788e9a/59",
  "deckHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-856ed0788e9a#slide-59",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We expect litigation in this space to increase in volume and breadth as parents push regulators and legislators to crack down on companies using children's data illegally.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-64d2-7657-bbe9-64482d7daf69",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.63,
        "w": 0.97,
        "x": 0.015,
        "y": 0.32
      },
      "kind": "image",
      "text": "Legal complaint document snippet",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "84e798e7-df5f-4f19-8022-4340fd1f2fab",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.135,
        "w": 0.97,
        "x": 0.015,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "Another ed-tech company, Securly, is also facing a lawsuit with allegations similar to the ones levied against PowerSchool. In the Securly case, plaintiffs allege that the Company makes unauthorized collections of data from children's mobile devices, including their geolocation data. Plaintiffs are seeking damages of $2,500 to $5,000 per violation. We believe these cases represent an increasing awareness by the public into the alleged troublesome behavior of companies tasked with monitoring and processing children's data. We expect litigation in this space to increase in volume and breadth as parents push regulators and legislators to crack down on companies using children's data illegally.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0e883fc5-40a5-4450-b83a-dd47c5c16eb6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.42,
        "x": 0.015,
        "y": 0.975
      },
      "kind": "source-note",
      "text": "Source: Bate et al v. Securly, Inc., red underline Spruce Point emphasis",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4e0ac136-4997-49b7-95b2-98c4c638efec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.635,
        "x": 0.338,
        "y": 0.02
      },
      "kind": "title",
      "text": "Momentum Building to Crack Down On Illegal Uses of Data",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05c3b07d-9421-4d8d-8039-6bf556551c3b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "authority-citation",
      "slug": null,
      "matchId": "defad449-a243-4152-8b73-1a9e6103a45d",
      "evidence": "Citing a legal complaint to support the thesis of increasing litigation.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}