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April 10, 2026 13:22 ET | Source: Concerned Stakeholder of Medallion Financial

Medallion Financial Defaults on $73.5 million in SBA Debt — SBA Says It Lacks a Qualified Management Team. ZimCal Says It's No Surprise

Medallion Financial Defaults on $73.5 million in SBA Debt — SBA Says It Lacks a Qualified Management Team. ZimCal Says It's No Surprise
January 06, 2025 08:00 ET | Source: ZimCal Asset Management LLC

ZimCal Demands Medallion Financial Corp Board Protect Stakeholders in SEC Lawsuit

Judge rules against MFIN/Murstein. Murstein now looking to settle. Board structure does not protect stockholders. Murstein must be held accountable