Medallion Financial urges vote for director slate, rejects ZimCal push to buy $15 million TruPS at premium

Medallion Financial Corp.

Medallion Financial Corp.

MFIN

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  • Medallion faces a third straight proxy fight from ZimCal ahead of the June 9 annual meeting.
  • Board urges votes on its white card for John Everets, Cynthia A. Hallenbeck, Alvin Murstein.
  • Dispute centers on ZimCal’s $15 million TruPS stake, with Medallion alleging pressure to repurchase at a premium.
  • Company points to FY2025 net income of $266 million over five years, book value per share up 53% since 2021.
  • Medallion says ZimCal recently built its common stock position from about 3,000 shares in March 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medallion Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605260900PRIMZONEFULLFEED9726259) on May 26, 2026, and is solely responsible for the information contained therein.