Comment on Hanover Bank CEO denies activist shareholder’s allegations

Hanover Bank CEO denies activist shareholder’s allegations

The boss of Hanover Bancorp — who got accused this week of running the Long Island-based community bank like a family piggy bank — is firing back. Chief Executive Michael Puorro, who was accused on Monday of mismanagement and nepotism by activist shareholder Brian Pun, alleged in a Wednesday letter that Pun owes millions of...

 

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