Medallion Financial Corp. Exposes ZimCal’s Latest Campaign of Distortion and the Risks of Electing Its Unqualified Nominees

Medallion Financial Corp. issued a response to ZimCal's third consecutive proxy contest, defending its board and financial performance. The company argues that Stephen Hodges, founder of ZimCal, is primarily a debt holder seeking a premium buyout of his distressed securities rather than a genuine equity investor. Medallion highlights strong financial metrics including 452% total shareholder return since transformation, consistent net income growth, and criticizes ZimCal's nominees for lacking relevant finance and lending expertise. The company urges shareholders to vote for its incumbent directors on the WHITE proxy card.