{
  "docId": "019de072-c272-76c4-92e4-2cebd50c7113",
  "docSlug": "ea1174443bfce555b4cd1420b4d59d5c",
  "documentTitle": "Icahn Enterprises | Activist Presentation Deck | 65 slides",
  "authorId": "icahn-enterprises",
  "authorName": "CAWS",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 28,
  "pageCount": 65,
  "prevPage": 27,
  "nextPage": 29,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "Uses external media coverage (Bloomberg and HSUS blog) as evidence of contradiction.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de072-c272-76c4-92e4-2cebd50c7113/28",
  "deckHref": "/decks/019de072-c272-76c4-92e4-2cebd50c7113",
  "deckJsonHref": "/decks/019de072-c272-76c4-92e4-2cebd50c7113.json",
  "deckAnchorHref": "/decks/019de072-c272-76c4-92e4-2cebd50c7113#slide-28",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.82,
        "x": 0.09,
        "y": 0.82
      },
      "kind": "callout",
      "text": "We contend McDonald's has misrepresented the facts regarding its gestation crate policies and practices in its corporate communications.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8b9b24c5-7495-4f57-ac4f-e41913d5e6bf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.45,
        "x": 0.52,
        "y": 0.25
      },
      "kind": "image",
      "text": "Bloomberg article and HSUS blog post screenshots",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "42bd1e8f-5219-4a90-95ab-c4eb506c5602",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.45,
        "x": 0.03,
        "y": 0.28
      },
      "kind": "list",
      "text": "On April 22, 2022, HSUS filed a complaint with the SEC to investigate and hold McDonald's accountable for deceiving the public about its animal confinement policies. McDonald's' 2022 proxy statement said that by the end of 2022, it expects 85% to 90% of its pork in the U.S. to be sourced \"from sows not housed in gestation crates during pregnancy\". The HSUS has challenged that claim, arguing that McDonald's' same proxy filing confirms that pigs are still kept in such cages for up to six weeks of their pregnancies",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d91f15a2-4a9f-4718-83fe-7c9fc7df6bea",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "Animal welfare experts believe McDonald's has deceived shareholders and consumers about its animal confinement policies",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cd6afaeb-de6c-49d0-aeb3-ebb91ea8fd31",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.94,
        "x": 0.03,
        "y": 0.05
      },
      "kind": "title",
      "text": "THE BOARD MUST BE HELD ACCOUNTABLE FOR INSUFFICIENT DISCLOSURES",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e5217297-6a40-4dc6-822c-2f62f849275e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Authority citation",
      "slug": "authority-citation",
      "agent": null,
      "layer": "slide",
      "matchId": "c5090a1d-edb4-4644-802a-d4b33b55deea",
      "evidence": "The slide cites a complaint filed with the SEC and a blog post from HSUS, using authority to support its claims.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "9b1ab731-9623-44a9-8c12-f990d8e801ab",
      "evidence": "The slide explicitly frames the company's disclosure as a deception to be investigated by the SEC.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}