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  "documentTitle": "Erie Indemnity Company (ERIE)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-10-18 00:00:00",
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      "text": "ERIE's stock performance suffered a significant 25% decline in the latter half of 2002, primarily driven by investor concerns and subsequent reaction to the Company's announcement of a management fee reduction to 24% in December 2002.",
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      "text": "Source: Bloomberg",
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      "text": "Negative Market Reaction To The Management Fee Reduction In 2002",
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