Breaking News: Dream Chasers Takes the Lead in Carver Retail Shareholder Vote!

Breaking News: Dream Chasers Takes the Lead in Carver Retail Shareholder Vote!

Preliminary results indicate approximately 70% of retail vote for new voices on Board of Directors

Not including votes cast by members of the Dream Chasers Group, calls on Donald Felix and Carver Board of Directors to do right by shareholders, demands answers to why Board of Directors’ vote was extended by 45 minutes, demands disclosure of any high-pressure sales calls to certain large shareholders, including any offers, promises or assurances made to shareholders to sway vote at the last minute. Calls on Board to hear shareholders and appoint Jeffrey “Jeff” Anderson and Jeffrey Bailey to the Board.

NEW YORK, Dec. 13, 2024 /PRNewswire/ — Following a concerning set of unconventional practices at the Carver Bancorp, Inc. (“Carver,” or the “Company”) (NASDAQ: CARV) Annual Meeting of Shareholders (the “Meeting”) on December 12, 2024, Dream Chasers Capital Group LLC (“Dream Chasers”) urged Carver Chief Executive Officer Donald Felix and the Board of Directors (the “Board”) to provide clarity, certainty and transparency to shareholders. Preliminary results indicate that approximately 70% of retail shareholders supported Jeffrey “Jeff” Anderson and/or Jeffrey Bailey for election to the Board.

Based on this breaking news, individuals like you as a shareholder in Carver Bancorp, Inc. may see a shift in the leadership and decision-making process within the company. This change may impact the overall performance and direction of the company, potentially affecting shareholder value and future investments. It is important to stay informed about the developments and decisions made by the new Board members to understand how it may impact your investment portfolio.

On a larger scale, the world will be observing how this shareholder vote and the appointment of new members to the Board of Directors will influence corporate governance practices and accountability within the company. The outcome of this vote may set a precedent for other companies facing similar issues, highlighting the importance of transparency, shareholder engagement, and ethical conduct in corporate decision-making processes.

Conclusion:

In conclusion, the results of the Carver Retail Shareholder Vote led by Dream Chasers Capital Group LLC signify a significant shift in the dynamics of Carver Bancorp, Inc. shareholders can expect to see changes in leadership and governance, potentially impacting the future trajectory of the company. This development underscores the importance of shareholder activism and the need for transparency and accountability in corporate decision-making.

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