ZimCal Responds to False Allegations From Medallion and Publishes Rebuttal
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Medallion Financial SEC investigation for fraud and touting. -
The
SEC alleges that MFIN’s President,Andrew Murstein , lied on multiple occasions. - MFIN has little credibility and yet it continues to make false accusations.
- To show the extent of MFIN’s false allegations, ZimCal has published FULL emails to and from MFIN to allow stockholders to decide for themselves.
https://www.restoretheshine.com/materials/zimcal-mfin-emails
ZIMCAL PUBLISHES REBUTTAL DECK SHOWING UNTRUTHS AND INACCURACIES IN MEDALLION’S RECENT INVESTOR DECK.
ZIMCAL PUBLISHES ORIGINAL UNEDITED EMAILS TO
All materials are posted at https://www.restoretheshine.com/materials/zimcal-mfin-emails
ZimCal sent MFIN a Cease and Desist letter on
MFIN has accused ZimCal of not looking out for stockholder and stakeholder interests and engaging in a “greenmail” attempt to benefit ZimCal over stockholders. ZimCal has published the emails it sent to MFIN that show its concerns and objectives when it engaged with MFIN and believes that the evidence speaks for itself. ZimCal repeatedly stressed that it sought improvements in governance, leadership, and business strategy and when MFIN refused to commit to any changes, only then did ZimCal prepare for a proxy contest. Any requests for payoffs were initiated by MFIN, presumably to rid itself of ZimCal and its insistence on improved governance, and the email record reflects this. ZimCal repeatedly noted that its preferred outcome would be to remain invested in an improved MFIN and was open to any variation of the options it presented the Company. ZimCal demanded nothing except better governance, better leadership and a more valuable MFIN as the emails clearly show.
ZimCal is one of the largest investors in
Visit www.restoretheshine.com/nominees to learn about our highly qualified nominees.
Vote for our two exceptional candidates by voting online or via mail using the WHITE proxy card. Even if you have already voted, you can still vote for our candidates and only your most recent vote will count. Full instructions can be found at www.restoretheshine.com/vote.
About
ZimCal Asset Management is an alternative investment firm focused primarily on niche, illiquid and complex credit investment opportunities with a specialization in bank investing.
See www.restoretheshine.com/#About for more details.
Solicitation Information
Stockholders are urged to read ZimCal’s definitive proxy statement and WHITE proxy card because they contain important information about the ZimCal nominees and related matters. Stockholders may obtain a free copy of the definitive proxy statement and WHITE proxy card and other documents filed by ZimCal on the web site of the
Participants in Solicitation
The identity of the participants in the solicitation and a description of their direct or indirect interests, by security holdings or otherwise is contained in ZimCal’s definitive proxy statement filed with the
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