Charges fly as $8 billion RIA tries to upend $83 billion Blucora board alleging mismanagement
Ancora CEO Fred DiSanto buys 3.4% of Blucora stock and declares war on board over 'negative returns, rash acquisitions, and chronic C-suite turnover.'
Author Lisa Shidler March 24, 2021 at 4:14 PM
Jeff Spears
March 24, 2021 — 7:27 PM
A cohesive and knowledgeable management team is important to good advisers.
Related Moves
John Clendening tells analyst who asks about Bob Oros's H.D. Vest departure: 'You can read into that whatever you want to.'
Blucora's CEO was evasive but, for sure, his firm's shares plunged near 40% in the past month after its IBD revenues ticked up only 6%; Oros may never have moved to Texas from Boston CEO
