Westmoreland Coal (WLB) Posts Q2 Loss of $2.04/Share

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LF Partners Sends Letter to Westmoreland Coal (WLB); Pushes for Sale, Board Changes

July 27, 2015 8:52 AM EDT

The following letter was sent today to Westmoreland Coal (Nasdaq: WLB):

Charles Frischer

4404 52nd Avenue NE

Seattle, WA 98105

July 26, 2015

Mr. Keith E. Alessi, CEO

Westmoreland Coal Company

9540 S. Maroon Circle, Suite 200

Englewood, CO 80112

Dear Keith,

Since I filed my latest 13-D ownership statement on July 8, 2015, in which I disclosed owning 1,205,700 shares or 6.7% of the Westmoreland Coal Company, the price of the common stock has fallen from $17.50 per share to $13.88 as of this past... More