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  "documentTitle": "Aegon Ltd. (AEG)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-12-16 00:00:00",
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  "notes": "Uses a callout box to highlight the activist's thesis against the company's own marketing copy.",
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      "kind": "callout",
      "text": "The WFG Convention brought in an estimated 33,000 attendees in 2024. Ticket prices went for $300+ per person, thus the convention likely grossed ~$10 million. We have concerns about whether senior WFG leaders are financially incentivized to increase convention attendance, which would lead us to question whether the convention is merely another way to extract money from low-level agents.",
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      "text": "convention revenue: $10 million",
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      "kind": "paragraph",
      "text": "WFG's 2024 Convention of Champions brings together more than 33,000 attendees from across North America. The sold-out event will be the largest in-person WFG audience in the program's history. The program is designed to inspire professional and personal development, expand networks and provide well-deserved recognition.",
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      "text": "WFG is thrilled to host our Convention of Champions 2024! Register now to attend this amazing event scheduled for July 15-18 in Las Vegas, with general sessions live in two arenas: the MGM Grand Garden Arena and the T-Mobile Arena. Registration is just $299 per person for the four-day event, with $5 from each ticket sold going to The WFG Foundation in the United States or the Charitable Trust in Canada.",
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      "kind": "source-note",
      "text": "Source: WFG Convention Press Release, WFG Convention",
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      "kind": "title",
      "text": "We Believe WFG's Convention Generates Millions In Profit",
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      "evidence": "Contrasts company marketing copy with activist thesis",
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      "arcName": "Overcoming the Monster",
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      "evidence": "The document presents evidence of the challenges and controversies surrounding WFG and Aegon's products.",
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