ZimCal Asset Management, LLC and Its Affiliates Nominate Two Highly Qualified, Independent Candidates to the Board of Medallion Financial Corp.

On April 12, 2024, ZimCal Asset Management, LLC announced the nomination of two candidates, Stephen Hodges and Judd Deppisch, for election as Class I directors of Medallion Financial Corp. at the company’s 2024 annual meeting. The release describes the nominees’ backgrounds in banking and consumer lending and states ZimCal’s reasons for seeking board change, including the company’s financial performance, executive compensation and the SEC enforcement action then pending against the company and its president. The full release is available on Business Wire.