Activist investors

Proxy advisers support Ohio bank in battle with activist investor

04/12/18

Stilwell Group is trying to win a board seat at Wayne Savings Bancshares.

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HopFed in Ky. reaches compromise with its harshest critic

04/12/18

The company will add a representative of Stilwell Group to its board. The investment firm, which has long criticized HopFed's leadership and strategy, agreed to support the company's recommendations at future annual meetings.

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Embattled N.C. bank steels itself for proxy fight

04/05/18

KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seat.

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HomeStreet in Seattle notches legal victory in fight with activist investor

04/02/18

A court agreed with HomeStreet that Blue Lion Capital failed to comply with the company's advance-notice bylaw when it submitted director nominations and shareholder proposals.

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Small N.C. bank dealt legal blow in effort to block hostile takeover

03/23/18

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan.

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MutualFirst in Ind. reaches compromise with activist investor

03/21/18

Ancora Advisors will place a representative on MutualFirst's board in exchange for supporting the company's director nominees and other policies.

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HomeStreet shoots down investor’s effort to take two board seats

03/01/18

The Seattle company invalidated the proposal by Blue Lion Capital, claiming it fell short of its bylaw requirements.

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HopFed probe clears CEO after claims of dubious insider deals

02/26/18

An investor had accused John Peck of using a HopFed lawyer to handle his purchase of real estate from an influential member of the company's board.

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HomeStreet investor pressing to separate chairman and CEO roles

02/26/18

Blue Lion Capital, which is upset with the Seattle company's growth strategy, also wants to replace two of the company's directors.

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How to rebuff an activist investor's challenge

02/26/18

Judges recently ordered two banks to pay the legal fees for activist investors after certain roadblocks backfired. Their missteps can serve as a lesson for other skittish institutions.

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