Buxton Helmsley Releases Open Letter to Daily Journal Corporation Shareholders

Core Viewpoint - Buxton Helmsley USA, Inc. has expressed concerns regarding the Daily Journal Corporation's compliance with accounting standards and corporate governance in an open letter to its shareholders [1][2]. Group 1: Company Concerns - The open letter highlights issues related to compliance with accounting standards and securities laws, as well as corporate governance practices at Daily Journal Corporation [1]. - Buxton Helmsley is recognized as one of the top 15% activist investors globally, based on the number of investor advocacy campaigns [1]. Group 2: Shareholder Communication - Shareholders of Daily Journal Corporation are encouraged to discuss these matters with Buxton Helmsley via email [3]. - Buxton Helmsley has stated that it currently holds no interest in Daily Journal Corporation's securities, indicating that it will not profit from any immediate price changes following the release of the letter [2][7]. Group 3: Media and Whistleblower Engagement - Buxton Helmsley is open to media interviews to discuss governance concerns and its vision for restoring equity value at Daily Journal Corporation [4]. - A whistleblower hotline is available for reporting concerns, ensuring anonymity for those who wish to remain confidential [5]. Group 4: Company Background - Buxton Helmsley is an alternative asset management firm based in New York City, focusing on both active and passive investment strategies across various asset classes, primarily in North America and Europe [6]. - The firm's investment approach emphasizes deep fundamental analysis and risk management, ensuring compliance with disclosure obligations under applicable accounting standards and securities laws [6].