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Activist Letters and Presentations

A curated feed of letters and presentations from activist investors.

activistletters

Hartman Invites Silver Star (SLVS) Investors to Discuss 70% NAV Loss, Poison Pill Concerns, and Board Mismanagement

Summary On August 4, 2025, Al Hartman invited select Silver Star shareholders—those who had not voted or had voted
Aug 11, 2025
activistletters

Hartman Group Urges Silver Star (SLVS) Shareholders to Reconsider Votes, Citing NAV Collapse, Governance Violations, and Costly Legal Battles

Dear Shareholder, I want to invite you to an intimate conversation with me, the former CEO, to discuss information regarding
Aug 11, 2025
activistletters

Silver Star (SLVS) Proxy Fight Heats Up as Hartman Pushes Independent Board Nominees After 70% NAV Decline

Summary Al Hartman’s July 31, 2025 “Silver Star Proxy Discussion” accuses current leadership of destroying ~70% of NAV since
Aug 4, 2025
activistletters

Hartman Challenges Silver Star (SLVS) Leadership: Activist Slams Value Collapse, Legal Breaches, and Haddock’s Stock Maneuver

Company Name: Silver Star Properties Reit Inc Symbol: SLVS Filing Date: Aug-04-2025 Filer Name: Hartman Allen R Download PresentationHartman-Silver Star-Aug-04-2025.
Aug 4, 2025
activistletters

DallasNews (DALN) Faces MNG Enterprises’ $16.50 All-Cash Offer, Rejects in Favor of Lower Hearst Bid

Summary MediaNews Group criticized the DallasNews Corporation board for rejecting its $16.50 per share all-cash offer—superior to Hearst’
Jul 31, 2025
activistletters

MediaNews Group Pressures DallasNews Corporation (DALN) to Reconsider Superior $16.50 Buyout Offer Over Hearst’s Bid, Criticizes Board’s Sale Process and Governance

Dear Members of the Board of Directors: On July 28, 2025, you summarily rejected—without any discussion—our all-cash proposal
Jul 31, 2025
activistletters

Hartman Urges Silver Star (SLVS) Shareholders to Reject Risky Strategy, Back Plan to Sell Assets and Return Capital

Summary On July 29, 2025, the Hartman Group issued a letter criticizing Silver Star Properties’ current strategy, accusing management of
Jul 29, 2025
activistletters

Silver Star Properties (SLVS): Hartman Group Urges Capital Return, Blasts Strategy and Pushes Board Slate

A Way To Fail In Real Estate July 29, 2025 Dear Fellow Shareholders, Silver Star Properties is at a defining
Jul 29, 2025
activistletters

Silver Star (SLVS) Faces Hartman’s Attack on “New Direction Plan” After 70% NAV Collapse and Asset Fire Sales

Summary The Hartman Shareholder Alliance strongly criticizes Silver Star Properties REIT’s “New Direction Plan,” calling it a complete failure
Jul 24, 2025
activistletters

Silver Star Properties (SLVS) Slammed by Hartman Shareholder Alliance Over Failed Strategy and Capital Destruction

Silver Star’s Failed New Direction Plan July 24, 2025 Dear Shareholders, Silver Star Properties REIT’s so-called “New Direction
Jul 24, 2025
activistletters

Silver Star (SLVS) Faces Hartman’s Criticism After $278M Equity Loss, Occupancy Collapse, and SEC Violations

Summary The Hartman Group blames Silver Star’s current leadership for destroying $278 million in equity over 33 months, citing
Jul 23, 2025
activistletters

Silver Star Properties (SLVS) Accused by Hartman Shareholder Alliance of $278M Value Destruction, SEC Violations, and Mismanagement

On July 22, 2025, the Hartman Group distributed the following letter to shareholders: How You Lost $278 Million in Equity
Jul 23, 2025
activistletters

Silver Star (SLVS) Faces Hartman’s Attack on “New Direction Plan” as NAV Collapses 70% Under Haddock

Summary The Hartman Group rebuts Silver Star’s July 8 statements, accusing CEO Gerald Haddock and his allies of misleading
Jul 23, 2025
activistletters

Silver Star Properties (SLVS) Blasted by Hartman Shareholder Alliance for NAV Manipulation, Asset Sales, and Executive Self-Enrichment

On July 18, 2025, the Hartman Group distributed the following letter to shareholders: July 18,2025 Dear Shareholders, On July
Jul 23, 2025
activistletters

Silver Star (SLVS) Triggers Second Poison Pill; Hartman Alliance Warns Shareholders Against Board’s Tactics

Summary The Hartman Group accuses Silver Star of enacting a second "poison pill" to block shareholder action and
Jul 23, 2025
activistletters

Silver Star Properties (SLVS) Criticized by Hartman Shareholder Alliance for Poison Pill Tactics to Undermine Shareholder Vote

On July 17, 2025, the Hartman Group distributed the following letter to shareholders: July 17, 2025 Dear Shareholder, Silver Star
Jul 23, 2025
activistletters

Silver Star (SLVS) Shareholders Warned: Hartman Urges “Vote BLUE” to Counter Board’s Proxy Tactics

Summary The Hartman Shareholder Alliance warns shareholders not to be misled by Silver Star’s Board, accusing it of spreading
Jul 23, 2025
activistletters

Silver Star Properties (SLVS) Accused by Hartman Shareholder Alliance of Misleading Tactics Ahead of Proxy Vote

DO NOT PANIC VOTE – Your Vote Is Secure July 16, 2025 Dear Shareholders, You may have received a letter from
Jul 23, 2025
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