Medallion Financial responds to ZimCal proxy contest allegations

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Go back to Medallion Financial responds to ZimCal proxy contest allegations

Medallion Financial Corp. Exposes ZimCal’s Latest Campaign of Distortion and the Risks of Electing Its Unqualified Nominees

June 4, 2026 2:50 PM EDT

Highlights ZimCals Goal Over Three Consecutive Proxy Contests A Debt Buyout at Above Market Price and Misaligned Incentives

Reveals Distortions in ZimCals Campaign About Key Issues

Highlights Concerning Lack of Relevant Experience Among ZimCal Nominees, Including Eric Kellys History of Near-Complete Value Destruction and Lawsuit Alleging Fraud, Financial Improprieties and Whistleblower Retaliation

Urges Shareholders to Again Support Medallions Proven Leadership and Success By Voting the WHITE Proxy Card FOR ONLY Medallions Nominees

NEW YORK, June 04, 2026 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:... More