other material
confidence high
sentiment neutral
materiality 0.55
Medallion Financial's auditor Mazars USA LLP resigns effective May 31, 2024
MEDALLION FINANCIAL CORP
- Mazars USA LLP resigned as independent auditor, effective no later than May 31, 2024.
- No adverse opinions, disagreements, or reportable events in Mazars' reports for fiscal years 2022-2023.
- Mazars confirmed agreement with the Company's disclosures in a letter filed as Exhibit 16.1.
- The resignation is routine; the Company will appoint a new auditor for the Q1 2024 audit.