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  "documentTitle": "Legion One Span Presentation May 2021",
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  "presentationDate": "2021-05-01 00:00:00",
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  "notes": "The slide uses a dot plot to visually contrast the vast majority of underperforming days (red) against the few outperforming days (green).",
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      "kind": "callout",
      "text": "We question how much of OSPN’s outperformance on 4/16/21 benefited from Sidoti’s upgrade to a “Buy” rating the prior day",
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      "text": "41 Trading Days where OSPN outperformed the NASDAQ and doubled versus 3 years prior",
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      "text": "719 Trading Days where OSPN neither outperformed the NASDAQ nor doubled versus 3 years prior",
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      "text": "Source: Capital IQ (4/18/18 – 4/23/21), Legion Partners’ Estimates, Sidoti Research (4/15/21)",
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      "kind": "paragraph",
      "text": "Company’s selection of 4/16/21 to claim it outperformed the NASDAQ is true during ~5% of the 760 days since Legion invested in OSPN",
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      "kind": "title",
      "text": "Cherry-Picked Date Seems to be Only Way to Support Board’s Outperformance Claim",
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