Data, Not Fiction: BIMIZCI Rebuts Medallion's May 2026 Investor Presentation

BIMIZCI Fund LLC has published a point-by-point response to Medallion Financial's May 2026 investor presentation. Focused on data and the verifiable record, the rebuttal takes Medallion's central claims — "record earnings," "historic value creation," and a "miniscule" stake — and sets each against the facts: total shareholder returns that lag the peer group over almost every period; a core consumer business with charge-offs at 15-year highs; and a 65-page presentation that never mentions the SEC fraud case, the permanent injunction, the $4 million in penalties, or Mr. Murstein's stipulated admissions; a "miniscule stake" that now represents the 4th largest institutional position; and, earnings distorted by non-recurring items.

The presentation tells stockholders the company is performing; the record tells a different story.

Stockholders are urged to read the rebuttal alongside Medallion's presentation and to vote FOR Eric Kelly, John Kiernan, and Tim Shanahan on the BLUE universal proxy card.