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Activist Letters and Presentations

A curated feed of letters and presentations from activist investors.

activistletters

Silver Star Properties (SLVS): Hartman Group Highlights 20 Years of Outperformance, Criticizes Current Board for Value Destruction and Mismanagement

Summary The Hartman Shareholder Alliance letter urges Silver Star shareholders to vote out the current board, contrasting Hartman’s 20-year
Sep 19, 2025
activistletters

Hartman Shareholder Alliance Slams Silver Star Properties (SLVS) Board for “Destructive Chaos,” Urges Return to Proven Track Record

Proven Performance vs. Destructive Chaos September 18, 2025 Dear Silver Star Shareholders, As the upcoming vote approaches, the contrast between
Sep 19, 2025
activistletters

Hartman Group Targets Silver Star (SLVS) With Campaign on Debt Defaults, Mismanagement, and Capital Return Plan

Summary The Hartman Shareholder Alliance’s September 16, 2025 letter accuses Silver Star’s management of systematic fraud, reckless borrowing,
Sep 18, 2025
activistletters

Silver Star Properties (SLVS): Hartman Shareholder Alliance Accuses CEO Haddock of Fraud, Urges New Leadership

The Evidence is Overwhelming: Time for New Leadership September 16, 2025 Dear Shareholders, The growing evidence of management failures, potential
Sep 18, 2025
activistletters

Barnwell Industries (BRN): Ned Sherwood Accuses Grossman and Horowitz of Entrenchment, Governance Failures, and Value Destruction

Summary The Sherwood Group (29.9% holder) sharply criticized Barnwell Industries’ two remaining directors, Grossman and Horowitz, for once again
Sep 16, 2025
activistletters

Barnwell Industries (BRN): Sherwood Group (29.9% Holder) Slams Directors for Bylaw Manipulation and Shareholder Rights Abuse

Barnwell Directors Adjourn Annual Meeting Again, Impose Bylaw Amendment to Restrict Opposition Shareholders’ Voice Vero Beach, Florida, September 16, 2025
Sep 16, 2025
activistletters

Al Hartman Challenges Silver Star Properties (SLVS) Management Over Governance Failures and 42-Cent Buyout Pressure

Summary The presentation by the Hartman Shareholder Alliance accuses Silver Star Properties’ management of engaging in a pattern of fraudulent
Sep 11, 2025
activistletters

Hartman Shareholder Alliance Accuses Silver Star Properties (SVLS) of Potential Fraud and Insider Self-Dealing

Company Name: Silver Star Properties Reit Inc Symbol: SLVS Filing Date: Sep-11-2025 Filer Name: Hartman Allen R Download PresentationHartman-Silver Star-Sep-11-2025.
Sep 11, 2025
activistletters

Al Hartman Presses Silver Star Properties (SLVS) on Governance Failures and Fraud Allegations Ahead of October 6 Vote

Summary The letter from Al Hartman and the Hartman Shareholder Alliance alleges a pattern of potential fraud by Silver Star
Sep 11, 2025
activistletters

Hartman Shareholder Alliance Accuses Silver Star Properties (SVLS) Management of Potential Fraud, Urges Shareholders to Reject 42-Cent Buyout

Evidence of Potential Fraud Mounting September 11, 2025 Dear Fellow Silver Star Properties Shareholders, The deteriorating situation under current management
Sep 11, 2025
activistletters

Stilwell Group Pressures IF Bancorp (IROQ) Board, Citing Failure to Act on Shareholder-Approved Bank Sale

Summary Stilwell Activist Investments criticized IF Bancorp’s board for ignoring last year’s shareholder-approved proposal to sell the bank,
Sep 11, 2025
activistletters

IF Bancorp (IROQ): Stilwell Nominates Scott Dworschak to Replace Long-Tenured Director After Ignored Sale Vote

Dear Fellow IROQ Owners, At last year’s annual meeting, you – the owners of the company – sent a loud and
Sep 11, 2025
activistletters

Al Hartman vs. Silver Star Properties REIT (SLVS): Letter cites multiple loan defaults and foreclosure risk; calls for leadership change and liquidation plan.

Summary Al Hartman’s Shareholder Alliance accuses current Silver Star Properties management of incompetence and potential fraud, citing a September
Sep 9, 2025
activistletters

Silver Star Properties REIT (SLVS): Hartman Shareholder Alliance slams management over Walgreens loan default; urges accountability ahead of Oct. 6 meeting.

More Evidence of Management Failure September 9, 2025 Dear Shareholders, Just after our letter exposing the foreclosure crisis, current management
Sep 9, 2025
activistletters

Stoney Lonesome HF Challenges Inspirato (ISPO) Governance, Criticizes Zamani and Calls Buyerlink Deal Flawed vs. Superior Cash Bid

Summary Stoney Lonesome HF LP, a 5.4% shareholder of Inspirato, opposes the proposed reverse merger with Buyerlink, arguing it
Sep 8, 2025
activistletters

Hartman Group Slams Silver Star Properties (SLVS) Leadership for Concealment, Asset Conversion, and Reckless Debt Strategy

Summary The Hartman Shareholder Alliance, led by Al Hartman, demands the immediate resignation of Silver Star Properties’ leadership (Haddock, Tompkins,
Sep 5, 2025
activistletters

Silver Star Properties (SLVS): Hartman Shareholder Alliance Demands Board Resignations Over “Badges of Fraud” and Mismanagement

Demand for Immediate Resignation: Your Conduct Exhibits Badges of Fraud September 4, 2025 Dear Mr. Haddock, Mr. Tompkins, and Mr.
Sep 5, 2025
activistletters

Inspirato (ISPO): Stoney Lonesome HF Opposes Buyerlink Merger, Urges Board to Pursue $3.15/Share Cash Offer from Exclusive Investments

Inspirato Incorporated 1544 Wazee Street Denver, Colorado 80202 Attention: Special Committee of Board of Directors Dear Members of the Special
Sep 5, 2025
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