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The Stilwell Group Sends Letter to Shareholders of Peoples Financial Corporation
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NEW YORK, March 16, 2021 /PRNewswire/ The Stilwell Group, one of the largest shareholders of Peoples Financial Corporation (the Corporation ) (OTCMKTS: PFBX), beneficially owning approximately 9.93% of PFBX s outstanding shares, today announced that it delivered a letter to shareholders of the Corporation in response to a recent communication issued by the Corporation.
The full text of the letter follows:
March 16, 2021
Dear Fellow PFBX Owner,
We are The New York Hedge Fund Attacking Your Bank according to PFBX s board of directors. And, isn t that all you need to know? These men, who oversee a bank that has performed poorly for D E C A D E S, now have the nerve to cite Covid for their troubles.