activistletters
Findell Capital Presses for Change at Oportun (OPRT), Citing Governance Failures, Cost Bloat, and Value-Destructive Acquisitions
Summary
Findell Capital, Oportun’s largest shareholder with a 9.5% stake, is seeking to replace entrenched directors and improve
activistletters
Al Hartman Challenges Silver Star (SLVS) Over Distressed Sales, Cites $7.4M Value Loss and Puts Directors on Notice
Summary
Al Hartman criticized Silver Star’s recent sale of its Gulf Interstate property, claiming it was sold for just
activistletters
Findell Capital (9.5% Stake) Presses Oportun Financial (NASDAQ: OPRT) on Governance Failures, Nominates Warren Wilcox to Board
Summary
Findell Capital, the largest shareholder of Oportun Financial Corporation (roughly 9.5% stake), sharply criticizes the board’s governance
activistletters
Elliott Investment Management Challenges Phillips 66 (PSX) Board, Seeks Four Director Seats and Stronger Governance
Summary
Elliott Investment Management, a top-five shareholder in Phillips 66, called on shareholders to vote the Gold Card in support
activistletters
Servotronics (SVT): Save Servotronics Group Urges Shareholders to Elect New Board Amid Governance Failures and Strategic Alternatives Concerns
Summary
Paul L. Snyder III, leading a shareholder campaign, urged Servotronics shareholders to vote the WHITE proxy card in favor
activistletters
Impactive Capital Presses WEX (WEX) for Board Refresh, Governance Reform, and Accountability Following 250pt Lag vs Peer Corpay
Summary
Impactive Capital, a 7% shareholder in WEX Inc., announced its intention to vote AGAINST three incumbent directors—CEO/Chair
activistletters
Phillips 66 (PSX) Faces Elliott’s Push for Board Overhaul Amid Governance Failures and Refining Underperformance
Summary
The Elliott addendum (May 2, 2025) intensifies its proxy fight with Phillips 66. Elliott rebuts management’s claims about
activistletters
National Health Investors (NHI) Faces Land & Buildings’ Push for Board Change Amid NHC Lease Concerns and Governance Failures
Summary
The Land & Buildings (L&B) presentation dated May 2, 2025, continues its activist campaign against National Health
activistletters
Lyft (LYFT) Faces Engine Capital’s Push for Board Refresh Amid Value Destruction and Shareholder Dilution
Summary
The Engine Capital presentation (April 29, 2025) argues that Lyft has destroyed shareholder value, underperformed Uber and the market,
activistletters
Trium Capital Calls on Acelyrin (SLRN) Shareholders to Vote Against Alumis Merger, Citing Cash Discount and Conflicts
Summary
Trium Capital, a shareholder of Acelyrin, opposes the proposed merger with Alumis, arguing it significantly undervalues Acelyrin’s assets—
activistletters
Harley-Davidson (HOG) Faces H Partners’ “Free The Eagle” Campaign Targeting Zeitz and Long-Tenured Directors
Summary
The H Partners presentation (April 29, 2025) attacks Harley-Davidson’s leadership and board for severe underperformance and misleading claims.
activistletters
H Partners Challenges Harley-Davidson (HOG) Leadership, Seeks CEO Change and Stronger Governance via Withhold Campaign
Summary
H Partners, a 9.1% shareholder of Harley-Davidson, is urging shareholders to vote WITHHOLD on the re-election of CEO
activistletters
Keros Therapeutics (KROS) Faces ADAR1 Capital Letter Alleging Fiduciary Breaches Amid Strategic Alternatives Review
Summary
ADAR1 Capital Management, the largest shareholder of Keros Therapeutics, sent a letter to the board demanding that it waive
activistletters
Phillips 66 (PSX) Faces Elliott’s Criticism Over Peer Benchmarking, Governance, and Underperformance
Summary
The Elliott presentation (April 28, 2025) targeting Phillips 66 argues that management is misrepresenting performance through flawed metrics and
activistletters
Ortelius Advisors Pushes for Board Overhaul at Brookdale Senior Living (BKD) After Stock Underperformance and CEO Exit
Summary
Ortelius Advisors, owning a significant stake in Brookdale Senior Living, is urging shareholders to support its six independent director
activistletters
BML Capital Presses ESSA Pharma (EPIX) for Shareholder Payout via Liquidation, Sale, or Special Dividend
Summary
On April 24, 2025, BML Capital Management, which holds 9.5% of ESSA Pharma’s outstanding shares, sent a
activistletters
National Health Investors (NHI) Faces Land & Buildings’ Challenge Over “Country Club” Board and Poor Oversight
Summary
The presentation by Land & Buildings (April 24, 2025) criticizes National Health Investors (NHI) for poor governance and underperformance.
activistletters
H Partners Presses for Change at Harley-Davidson (HOG), Urges Shareholders to Withhold Votes from Zeitz, Linebarger, and Levinson over Underperformance and Poor Oversight
Summary
H Partners, Harley-Davidson’s largest investor, is urging shareholders to withhold votes from CEO/Chairman Jochen Zeitz, Presiding Director
