1. Activist Investor Makes New Push for HC2 Board to Remove Chief Falcone: Letter

    Activist Investor Makes New Push for HC2 Board to Remove Chief Falcone: Letter

    An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles." data-reactid="23">BOSTON (Reuters) - An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles...

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  2. Quotes

    1. Based on Mr. Falcone's well-documented financial, legal and regulatory issues, MG Capital - and presumably other stockholders - remains perplexed by the incumbent Board's focus on preserving HC2's status quo.
    2. We remain deeply troubled by the impact that Mr. Falcone's apparent financial distress and legal issues may have on HC2.
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