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Stock impact report

Driver Management Mails Letter to First United Shareholders, Detailing the Case for Board-Level Change at the Upcoming 2020 Annual Meeting

First United Corporation (FUNC) 
US:NASDAQ Investor Relations: investors.mybank.com
Company Research Source: Business Wire
Believes Carissa Rodeheaver, First United’s Chairman and CEO, and the Legacy Directors Have Clearly Failed to Deliver Enduring Value for Shareholders Highlights the Board’s History of Poor Judgement and Reckless Decisions, Which Led First United to Accept a Government Bailout and Cut Its Dividend For Years Following the 2008-09 Financial CrisisEncourages Investors to See Through the Undignified, Low-Road Smear Campaign that Ms. Rodeheaver Has Seemingly Sanctioned Against Driver in Response to Our Efforts to Enhance Value For All ShareholdersUrges Shareholders to Vote on the WHITE Proxy Card to Elect Driver’s Slate of Three Highly-Qualified, Independent Directors with Banking Sector Experience to the Eleven-Member Board NEW YORK--(BUSINESS WIRE)--Driver Management Company LLC (“Driver”), the manager of an investment partnership that holds more than 5% of the outstanding shares of First United Corporation (“First United” or the “Company”) (NASDAQ: FUNC), has sent a letter to shareho Show less Read more
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