01/06/25 - ZimCal urges board of Medallion Financial to start looking out for stakeholders and take steps to improve governance and as a result, increase investor interest and Company valuation.

Materials

01/06/25 - ZimCal urges board of Medallion Financial to start looking out for stakeholders and take steps to improve governance and as a result, increase investor interest and Company valuation.

Steve H 1/6/25 Steve H 1/6/25

01/06/25 - ZimCal urges board of Medallion Financial to start looking out for stakeholders and take steps to improve governance and as a result, increase investor interest and Company valuation.

Medallion board must look out for stakeholders not management.

12/20/24 - Medallion Financial and Andrew Murstein apparently reach settlement in principle with the SEC with 02/25/25 effective deadline. 3 years after lawsuit filed and millions in legal expenses.

Steve H 12/20/24 Steve H 12/20/24

12/20/24 - Medallion Financial and Andrew Murstein apparently reach settlement in principle with the SEC with 02/25/25 effective deadline. 3 years after lawsuit filed and millions in legal expenses.

Medallion finally in conversations with SEC to settle lawsuit after wasting years and millions fighting.

12/05/24 - Medallion Financial and Andrew Murstein in discussions with SEC to settle charges ahead of potentially invasive discovery, testifying under oath and co-defendant cooperating with the SEC.

Steve H 12/6/24 Steve H 12/6/24

12/05/24 - Medallion Financial and Andrew Murstein in discussions with SEC to settle charges ahead of potentially invasive discovery, testifying under oath and co-defendant cooperating with the SEC.

09/18/24 - Judge denies almost all Medallion Financial’s and Andrew Murstein’s motions to dismiss SEC charges in a huge blow to MFIN and Murstein, exposing stockholders to significant penalties.

Steve H 9/18/24 Steve H 9/18/24

09/18/24 - Judge denies almost all Medallion Financial’s and Andrew Murstein’s motions to dismiss SEC charges in a huge blow to MFIN and Murstein, exposing stockholders to significant penalties.

08/20/24 - Press Release: ZimCal disturbed by Medallion Financial’s second quarter results.

Steve H 8/20/24 Steve H 8/20/24

08/20/24 - Press Release: ZimCal disturbed by Medallion Financial’s second quarter results.

ZimCal urges MFIN to take decisive risk-management steps immediately.

08/10/24 - S&P publishes article on ZimCal’s nomination of two directors to the board of MFIN (May 3, 2024).

Steve H 8/15/24 Steve H 8/15/24

08/10/24 - S&P publishes article on ZimCal’s nomination of two directors to the board of MFIN (May 3, 2024).

07/29/24 - ZimCal updates “5 Steps to Improvement” white paper detailing how Medallion Financial Corp. can position itself to thrive.

Steve H 7/30/24 Steve H 7/30/24

07/29/24 - ZimCal updates “5 Steps to Improvement” white paper detailing how Medallion Financial Corp. can position itself to thrive.

06/11/24 - ZimCal publishes MFIN earnings calls transcripts from 1Q22 - 4Q23 exposing MFIN’s false claim to ISS about providing guidance on charge-off range.

Steve H 6/11/24 Steve H 6/11/24

06/11/24 - ZimCal publishes MFIN earnings calls transcripts from 1Q22 - 4Q23 exposing MFIN’s false claim to ISS about providing guidance on charge-off range.

06/10/24 - ZimCal publishes open letter to shareholders outlining concerns with ISS and Glass Lewis recommendations.

Steve H 6/11/24 Steve H 6/11/24

06/10/24 - ZimCal publishes open letter to shareholders outlining concerns with ISS and Glass Lewis recommendations.

06/10/24 - ZimCal publishes summary outlining the need for immediate change to the Board of Directors of Medallion and urges all stockholders to vote prior to June 11th, 2024 stockholder meeting.

Steve H 6/10/24 Steve H 6/10/24

06/10/24 - ZimCal publishes summary outlining the need for immediate change to the Board of Directors of Medallion and urges all stockholders to vote prior to June 11th, 2024 stockholder meeting.

05/28/24 - ZimCal sends letter to stockholders outlining how Medallion’s true valuation potential will be difficult to reach without change.

Steve H 5/28/24 Steve H 5/28/24

05/28/24 - ZimCal sends letter to stockholders outlining how Medallion’s true valuation potential will be difficult to reach without change.

05/24/24 - ZimCal publishes rebuttal to MFIN’s investor deck and posts complete emails to/from MFIN allowing investors to see for themselves the extent of MFIN’s half-truths and lies.

Steve H 5/24/24 Steve H 5/24/24

05/24/24 - ZimCal publishes rebuttal to MFIN’s investor deck and posts complete emails to/from MFIN allowing investors to see for themselves the extent of MFIN’s half-truths and lies.

05/22/24 - SEC lawsuit against Andrew Murstein and Medallion Financial Corp.

Steve H 5/22/24 Steve H 5/22/24

05/22/24 - SEC lawsuit against Andrew Murstein and Medallion Financial Corp.

05/21/24 - ZimCal sends shareholder letter highlighting its concerns with MFIN’s excessive management compensation.

Steve H 5/21/24 Steve H 5/21/24

05/21/24 - ZimCal sends shareholder letter highlighting its concerns with MFIN’s excessive management compensation.

05/20/24 - ZimCal publishes its presentation to ISS outlining case for change and unlocking value at Medallion Financial Corp.

Steve H 5/20/24 Steve H 5/20/24

05/20/24 - ZimCal publishes its presentation to ISS outlining case for change and unlocking value at Medallion Financial Corp.

05/15/2024 - ZimCal issues cease and desist letter to Medallion Financial Corp. and demands correction of recent false and misleading statements.

Steve H 5/16/24 Steve H 5/16/24

05/15/2024 - ZimCal issues cease and desist letter to Medallion Financial Corp. and demands correction of recent false and misleading statements.

05/09/24 - ZimCal posts “5 Steps to Improvement” white paper detailing how Medallion Financial Corp. can position itself to thrive.

Steve H 5/9/24 Steve H 5/9/24

05/09/24 - ZimCal posts “5 Steps to Improvement” white paper detailing how Medallion Financial Corp. can position itself to thrive.

05/02/24 - Press Release: ZimCal comments on Medallion Financial Corp. 1Q24 earnings results.

Steve H 5/1/24 Steve H 5/1/24

05/02/24 - Press Release: ZimCal comments on Medallion Financial Corp. 1Q24 earnings results.

ZimCal Asset Management LLC and its affiliates (“ZimCal”) raised concerns about poorly trending 1Q24 results, particularly charge-off (net) trends, and urged MFIN to take decisive risk-management steps immediately.

04/26/24 - ZimCal sends shareholder letter highlighting its concerns with MFIN’s stock price decline, management compensation, core business performance and other material risks.

Steve H 4/28/24 Steve H 4/28/24

04/26/24 - ZimCal sends shareholder letter highlighting its concerns with MFIN’s stock price decline, management compensation, core business performance and other material risks.

04/26/24 - ZimCal files Definitive Proxy Statement seeking election of two highly qualified alternative directors to the board of Medallion Financial Corp.

Steve H 4/26/24 Steve H 4/26/24

04/26/24 - ZimCal files Definitive Proxy Statement seeking election of two highly qualified alternative directors to the board of Medallion Financial Corp.

ZimCal also urges:
1. A vote “AGAINST” a non-binding advisory resolution to approve the 2023 compensation of the Company’s named executive officers.
2. A vote for “EVERY YEAR” on the frequency of conducting future advisory votes to approve named executive officer compensation.