Governance Failures at Medallion Financial: BIMIZCI’s Presentation to Institutional Stockholders

After ISS and Glass Lewis each recommended FOR two BIMIZCI nominees, BIMIZCI Fund LLC issued an updated governance presentation for institutional stockholders, “A Focus on Governance Issues at Medallion Financial.” The deck highlights BIMIZCI’s nominees’ expertise, including their operational and technological proficiency, and presents a robust six-pillar plan to create value at Medallion Financial Corp. It also documents executive compensation well above peers despite Medallion’s relative underperformance and deteriorating financial trends.