NEW YORK, Dec. 13, 2024 — Dream Chasers Capital Group LLC (“Dream Chasers”) is raising serious concerns about irregularities during the Carver Bancorp, Inc. (“Carver,” or the “Company”) (NASDAQ: CARV) Annual Meeting of Shareholders held on December 12, 2024. Dream Chasers is urging Carver’s Chief Executive Officer, Donald Felix, and the Board of Directors to deliver clarity, transparency, and accountability to shareholders after a contentious meeting.
Preliminary results reveal that approximately 70% of retail shareholders supported Jeffrey “Jeff” Anderson and Jeffrey Bailey for election to the Board. However, these results were clouded by unexpected procedural decisions, including an unexplained 45-minute extension of voting, despite the voting deadline being set weeks in advance through Carver’s definitive proxy filing with the SEC on October 31, 2024.
Dream Chasers has formally communicated its concerns to Carver’s leadership in a letter detailing several demands to ensure fairness and transparency in the election process.