Latest News and Press Releases

Want to stay updated on the latest news?

Sign into Reader Account Create Reader Account

February 19, 2025 15:23 ET | Source: ZimCal Asset Management LLC

“Is mediocrity good enough?” – ZimCal asks Medallion Financial stockholders

4Q24 Medallion Bank earnings continue disturbing downward trendConsolidated Medallion Financial Corp earnings have not yet been releasedDue to lower Bank earnings, Medallion Financial may struggle to...
January 06, 2025 08:00 ET | Source: ZimCal Asset Management LLC

ZimCal Demands Medallion Financial Corp Board Protect Stakeholders in SEC Lawsuit

Judge rules against MFIN/Murstein. Murstein now looking to settle. Board structure does not protect stockholders. Murstein must be held accountable
August 20, 2024 15:31 ET | Source: ZimCal Asset Management LLC

ZimCal disturbed by Medallion Financial’s second quarter results

2Q24 results show worrying trends that must be addressed immediately.Core charge-offs (YoY), ROAA, ROAE and holding company cash-burn trended poorly.Quarterly earnings, ROAA and core ROAA (Ex. Taxi...
February 18, 2022 14:04 ET | Source: The Rosen Law Firm PA

ROSEN, A TOP RANKED FIRM, Encourages Medallion Financial Corp. Investors to Inquire About Securities Class Action Investigation – MFIN

NEW YORK, Feb. 18, 2022 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Medallion...
January 27, 2022 10:29 ET | Source: The Rosen Law Firm PA

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Medallion Financial Corp. Investors with Losses to Inquire About Securities Class Action Investigation – MFIN

NEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Medallion...
December 30, 2021 13:32 ET | Source: Portnoy Law

Medallion Financial Corp. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 30, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Medallion Financial Corp....