Business Wire
05 Jun 2026, 15:36 UTC · 3h ago
ZimCal (BIMIZCI) Exposes Medallion Financial Corp.'s Latest Campaign of Distortion and the Risks of Re-Electing Its Unqualified Directors
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Business Wire
05 Jun 2026, 15:36 UTC · 3h ago
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Story key points
2 claims · impact-rated
ZimCal Asset Management, through BIMIZCI Fund LLC, is actively challenging Medallion Financial (MFIN) and attempting to nominate directors. — Activist interventions typically create short-term price volatility and pressure management to implement shareholder-friendly changes.
+0.30BIMIZCI Fund LLC is the formal nominating stockholder, contradicting Medallion Financial's public characterization of the effort. — This is a legal/administrative distinction regarding the identity of the nominator and has little direct effect on valuation.
+0.00Ticker attribution
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The company is accused of issuing misleading press releases to manipulate stockholders.
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