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F9 Investments Believes LL Flooring's Board Seeks To Entrench Itself Rather Than Meaningfully Address Company's Precarious Position; Under The Current Board, Stock Price Has Plummeted More Than 93% In 3-Years; Nominates Tom Sullivan, Jason Delves, and...

Benzinga ·  Jun 7 23:43

F9 Investments Believes LL Flooring's Board Seeks To Entrench Itself Rather Than Meaningfully Address Company's Precarious Position; Under The Current Board, Stock Price Has Plummeted More Than 93% In 3-Years; Nominates Tom Sullivan, Jason Delves, and Jill Witter To Restore Value To LL Flooring

F9 Investments Believes LL Flooring's Board Seeks to Entrench Itself Rather than Meaningfully Address Company's Precarious Position

Under the Current Board, LL Flooring's Stock Price Has Plummeted More Than 93% In Three Years

F9's Three Highly Qualified Director Nominees – Tom Sullivan, Jason Delves, and Jill Witter – Are the Right Individuals to Restore Value to LL Flooring

Recommends Shareholders Vote the GOLD Proxy Card "FOR" All of F9's Director Nominees

F9 Investments, LLC ("F9"), which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, Inc. ("LL Flooring" or the "Company") (NYSE:LL) common stock and is the Company's largest shareholder, today mailed a letter to LL Flooring's shareholders highlighting the Board of Directors' (the "Board") recent record of abysmal stock price performance and flawed "strategic review" process.

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