Concerned Shareholders Issue Letter to Oportun Financial Corporation’s Board of Directors Regarding the Urgent Need for Changes in Management and Strategy
Oportun Financial Corporation - common stock (OPRT)
Last oportun financial corporation - common stock earnings: 2/27 04:05 pm
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Bradley Radoff and Josh Schechter (together with their affiliates, the “Concerned Shareholders” or “we”) today issued the below open letter to the Board of Directors (the “Board”) of Oportun Financial Corporation (NASDAQ: OPRT) (“Oportun” or the “Company”) regarding the need to appoint a new Chief Executive Officer (“CEO”) and enact further changes to support value creation.***Oportun Financial Corporation2 Circle Star WaySan Carlos, California 94070Attention: The Board of Directors (Roy Banks, Jo Ann Barefoot, Mohit Daswani, Ginny Lee, Carlos Minetti, Louis P. Miramontes, Sandy Smith, Raul Vazquez and R. Neil Williams)Members of the Board,We are meaningful and concerned shareholders of Oportun, with strong conviction that the Board needs to take immediate action to replace the Company’s existing CEO with a proven industry operator. The Board’s long-term gamble on a CEO who comes from a big company culture and lacks relevant industry experience has proven
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News
- Oportun Financial Co. (NASDAQ: OPRT) had its price target lowered by analysts at B. Riley from $9.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- KOPN, BTCM and CETX among mid-day movers [Seeking Alpha]Seeking Alpha
- Oportun Announces Preliminary Q1 2024 Financial Information [Yahoo! Finance]Yahoo! Finance
- Oportun Announces Preliminary Q1 2024 Financial InformationGlobeNewswire
- Oportun Appoints Scott Parker to its Board of Directors in Cooperation with Findell CapitalGlobeNewswire
OPRT
Earnings
- 3/12/24 - Beat
OPRT
Sec Filings
- 4/25/24 - Form 3
- 4/23/24 - Form SC
- 4/22/24 - Form 8-K
- OPRT's page on the SEC website