What Medallion Financial’s June 4 Release Left Out: An Enjoined CEO, $28 Million in Severance and 16-Year-High Charge-Offs

BIMIZCI Fund LLC responded to Medallion Financial’s June 4, 2026 press release, calling out a pattern of sensational headlines, personal attacks, and reliance on a personal blogger as a source — tactics BIMIZCI described as better suited to a small-town political campaign than to a serious public company defending its record. The response highlights what Medallion’s release conspicuously omits: how Andrew Murstein was promoted to CEO after stipulating that the SEC’s fraud allegations against him were true and while under permanent federal injunctions; why five executives would receive $28 million in severance if Medallion Financial were sold; why 1Q26 earnings were the lowest in five years; and why Recreation charge-offs are at a 16-year high. BIMIZCI also corrected the record on a basic fact Medallion has deliberately blurred: BIMIZCI Fund LLC — not ZimCal or Mr. Hodges personally — is the nominating stockholder in this proxy contest.