Letter Sent to Life Insurance Company of Alabama (LICOA) Shareholders $LINS $LINSA

We originally posted in November 2019 about Life Insurance Company of Alabama (LICOA), and then did an update last month about a new shareholder activism effort, which includes lawsuits by investors such as Jeff Herr, Mitchell Partners, and Trondheim Capital Partners. The latest development is a letter from Trondheim to shareholders of the company.

licoa shareholder letter Ma... by Nate Tobik on Scribd

We'll have more on this situation, and other activist investing situations, in the upcoming June Issue (#30) of the Oddball Stocks Newsletter.