Star Equity Fund Issues Statement on Inaction of Servotronics Board
Star Equity Fund, LP (“Star Equity Fund”, “we”, “our”), a 5.2% shareholder of Servotronics, Inc. (NYSE American: SVT) (“Servotronics” or “the Company”), seeks to unlock shareholder value and improve corporate governance at its portfolio companies. On October 20th, we privately presented Servotronics’ CEO and board of directors (the “Board”) with