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  "documentTitle": "Legion One Span Presentation May 2021",
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  "notes": "Uses a 'ceo-quote-contradiction' framework to juxtapose a past optimistic quote against the negative outcome.",
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      "text": "After suffering a major cyberattack, DigiNotar had been taken over by the Dutch government... By mid-September 2011, DigiNotar had filed for bankruptcy. Following a third-party audit, it appeared that DigiNotar failed to follow basic cybersecurity protocols. The Board and Company seems to have failed to do any basic technical due diligence. In total, OneSpan suffered a ~$17mm loss from the DigiNotar deal.",
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      "text": "Source: SEC Filings, OSPN Q4 2011 Earnings Call Transcript (2/17/11), Legion Partners' Estimates, Journal of Strategic Security, Wired Magazine",
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      "text": "Within 10 months of announcing the acquisition, DigiNotar suffered a severe cyberattack that effectively rendered its certificates useless and forced the subsidiary into bankruptcy, resulting in millions in losses",
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      "text": "[The] acquisition of DigiNotar will also yield a return to our stockholders...we are a stronger company and more competitive than ever.",
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      "text": "DigiNotar – A National Crisis and Disaster for OSPN",
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