Medallion Financial’s Personal Attacks Are a Distraction From $260 Million in Write-Offs and Core Underperformance

ZimCal, on behalf of BIMIZCI Fund LLC, issued a detailed response to Medallion Financial’s June 4, 2026 press release, which BIMIZCI describes as inaccurate and misleading. The response walks through Medallion’s central claims point-by-point and contrasts each with the written record. It also documents Medallion Financial Corp.‘s prior pattern of personal attacks on critics — many of whom were later proven right about the taxi medallion industry, which ultimately resulted in $260 million in MFIN loan write-offs through the first quarter of 2026. BIMIZCI notes that Medallion’s accusations and half-truths are designed to overwhelm the reader, and urges stockholders to read both this response and the May 28, 2026 Rebuttal Deck for a more comprehensive answer.