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Activist Shareholder of Fulton Financial Corporation and Fulton Bank, Lancaster, Pennsylvania
Fulton Financial is listed as "FULT" on the NASDAQ Stock Exchange

In 2006 Stan J. Caterbone began his role as an Activist Shareholder for Fulton Financial, which is listed as "FULT" on the NASDAQ stock exchange. As a founder of Financial Management Group, Ltd., a full service financial firm, Stan J. Caterbone has drawn upon the success in developing the strategic vision for his company and the experience gained in directing the legal affairs and public offering efforts in dealing with Fulton Financial. Stan J. Caterbone has been in recent discussions with the Fulton Financial Board of Directors with regards to various complaints dealing with such issues as the Resource Bank acquisition and the subprime failures. Stan J. Caterbone believes that Fulton Financial needs management to become more aggressive in it's strategic planning and the performance it expects from it's management team in order to increase shareholder value. Expanding the footprint of the regional bank has not yielded an increase to the bottom line that is consistent with the expectations of shareholders. Lancaster County has seen several local banking institutions acquired by larger regional banks, thus increasing the competition Fulton Financial will see in it's local marketplace as well as in it's regional footprint.

An activist shareholder uses an equity stake in a corporation to put public pressure on its management. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, financing structure, cost cutting, etc.) to non-financial (disinvestment from particular countries, adoption of environmentally friendly policies, etc.). The attraction of shareholder activism lies in its comparative cheapness; a fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking.

Shareholder activism has gained popularity as management compensation at publicly traded companies and the rising cash balances on corporate balance sheets have risen.

Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, and negotiations with management. Daniel Loeb, head of Third Point Management, is notable for his use of sharply written letters directed towards the CEOs of his target companies.

Some of the recent activist investment funds include: Icahn Management LP, Santa Monica Partners Opportunity Fund LP and Relational Investors, LLC.

Due to the increasing popularity of the internet, smaller shareholders have also gained an outlet to voice their opinions. In 2005, small MCI Inc shareholders created an online petition to protest the MCI Inc/Verizon merger.





|Welcome| |Findings-of-Facts| |Criminal Indictments WIP| |Fleeing Charge Scandal| |Stan J. Caterbone Bio| |Is Lancaster Ground Zero?| |New Document Library| |New Video Library| |Mind Control Video Library| |Telepathic Telecommunications| |Mind Control Research©| |BiPolar Mood Diagnosis| |Sammy Caterbone (Brother)| |Samuel Caterbone, Jr., (father)| |Letter to Dr. Phil (NBC TV)| |Letter to Chief Sadler LCPD| |Amended Complaint 2007| |Third Circuit Brief 07/2/08| |Third Circuit Opinion 09/28/08| |Lippiatt Amicus| |Amicus Curiae Brief NSA| |v. City of Lancaster 08-02982| |County of Lancaster 08-02983| |v. PENNDOT 08-02981| |Civil Rights Complaints| |UGI & PPL Disputes| |Advanced Media Group| |Tom's Project Hope| |Activist Shareholder| |International Signal Control (ISC)| |Downtown Lancaster Plan| |Excelsior Place Proposal| |FinancialManagementGroup| |Lancaster Home Rule Application| |1987 SONY Joint Venture| |1992 CCHR Complaint| |Had Lancaster Lost It's ...| |NIST Unix CD-ROM Article| |1987 Mortgage Banking| |Radio Science Laboratories| |Management Consulting| |Home| |Other|