A group of shareholders, represented by Dream Chasers, has called on the Board of Carver Bancorp Inc. to hold an urgent special meeting of shareholders to vote on the company's proposed delisting from Nasdaq. The group criticizes the Board for making significant decisions without a shareholder vote, particularly after a delisting announcement that reportedly wiped out nearly $10 million in shareholder value. Dream Chasers is urging fellow shareholders to oppose the delisting and is demanding the Board release its strategic plan submitted to regulators. The group also highlights concerns about lack of transparency and insufficient Board ownership in the company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carver Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1105799) on November 21, 2025, and is solely responsible for the information contained therein.