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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
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Frederick D. DiSanto is leading the 'white' slate challenging Blucora's board.

Jeff Spears

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

October 31, 2018 at 11:21 PM

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