Medallion Financial rejects SEC's 'unfounded' charges, expects to be vindicated
29/12/2021 15:07
NEW YORK, Dec 29 (Reuters) - Medallion Financial Corp MFIN.O said it intends to defend against "unfounded" fraud charges announced on Wednesday by the U.S. Securities and Exchange Commission against the company and its president Andrew Murstein, and is confident the record will show that both complied with the law. (Reporting by Jonathan Stempel in New York) ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))
Recent news on Medallion Financial
See all newsBrief: Medallion Bank Announces CEO Transition
Brief: Medallion Financial Re-Affirms Recommendation To Vote For Only Board’S Three Nominees
Medallion Financial Q1 profit drops as equity gains fall
Brief: Medallion Financial Q1 EPS USD 0.2
Brief: Zimcal Asset Management Says Medallion Financial Needs "Better Leadership"