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Shareholders Demand Carver Bancorp Call Special Meeting on Delisting Plan
Carver Bancorp Inc. CARV | 1.62 1.62 | -1.22% 0.00% Pre |
A major shareholder group, Dream Chasers, is urging Carver Bancorp Inc.'s board to call a special meeting of shareholders to address the company's planned delisting from the NASDAQ. The group argues that the board, which collectively owns less than 2% of the company's shares, is attempting to make a significant decision without a shareholder vote, potentially disenfranchising the majority ownership held by retail investors. Dream Chasers contends that the delisting announcement has already resulted in substantial market losses for shareholders and emphasizes the need for greater transparency and shareholder representation in the decision-making process.


