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.

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

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