Ancora Holdings Group provided a detailed presentation late Tuesday outlining why Forward Air shareholders should vote out “three unfit legacy directors” it blames for the company’s “disastrous acquisition of Omni Logistics” and “efforts to stall the company’s current sale process.”
The activist investor first penned a letter to shareholders two weeks ago calling for the removal of Chairman George Mayes and directors Javier Polit and Laurie Tucker. It said the three will be forced to resign it...