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 Financial

Dec 20

Written By Steve H

SEC v. MFIN and Murstein extension request for settlement approval and finalization to February 25th, 2025

Medallion FinancialMFINSEC LawsuitZimCal

Steve H

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.

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.