ATLANTA, GA – – (Newsfile Corp. – December 30, 2021) – – Holzer & Holzer, LLC is investigating whether Medallion Financial Corporation (“Medallion” or the “Company”) (NASDAQ: MFIN) complied with federal securities laws.  On December 29, 2021, the Securities and Exchange Commission (“SEC”) charged Medallion and its COO Andrew Murstein (“Murstein”) with illegally engaging in a scheme to reverse the Company’s declining stock price. Charges against Murstein and Medallion include violations of the antifraud, books and records, internal controls, and anti-touting provisions of the federal securities laws. Murstein also has been charged with making false statements to Medallion’s auditor. Following this news, the Company’s stock price fell. If you purchased Medallion stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com to discuss your legal rights.

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