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Article: Vineyard National Bancorp Shareholders React to Federal Regulatory Consent Order Against Vineyard.
- Article from:
- Science Letter
- Article date:
- August 12, 2008
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Following the announcement earlier today by Vineyard National Bancorp (NASDAQ:VNBC) ("Vineyard") and Vineyard Bank, N.A. ("Bank"), that they had entered into consent agreements with Federal banking regulators, Jon Salmanson and Norman Morales, issued the following statements (see also Jon Salmanson).
As to the current proxy contest, Salmanson and Morales confirmed that they continue to solicit proxies for the election of Thomas Koss II, Douglas Kratz, Cynthia Harriss, Norman Morales, Harice "Dev" Ogle, Lester Strong and Glen Terry to the board of directors of Vineyard. Each of the nominees is fully aware of the consent actions by Federal regulatory authorities, ...