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Buxton Helmsley Releases Open Letter to Baker Tilly, as Auditor of Daily Journal Corporation
GlobeNewswire News Room· 2025-08-05 12:00
Core Viewpoint - Buxton Helmsley USA, Inc. has released an open letter to Baker Tilly US, LLP regarding governance concerns at Daily Journal Corporation, indicating intentions to accumulate an interest in DJCO common stock in the future [1][5]. Group 1: Company Overview - Buxton Helmsley USA, Inc. is recognized as one of the top 15% activist investors globally, based on the number of investor advocacy campaigns [1]. - The firm engages in both active and passive investment strategies across various asset classes, focusing on opportunities in North America and Europe [5]. Group 2: Shareholder Communication - DJCO shareholders are encouraged to contact Buxton Helmsley via email for discussions related to the open letter [2]. - The firm may refrain from discussing certain aspects of the letter to avoid establishing an investor group under Section 13(d) of the Securities Exchange Act of 1934 [2]. Group 3: Media Engagement - Buxton Helmsley is open to interviews with media members to discuss governance concerns and their vision for restoring equity value at DJCO [3].
Buxton Helmsley Releases Open Letter to Daily Journal Corporation Shareholders
GlobeNewswire News Room· 2025-07-25 11:30
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].