On January 19, 2022, KORR Value, L.P. announced that it has delivered a letter to Medallion Financial Corp. demanding, pursuant to Section 220 of the Delaware General Corporation Law, review and inspection of certain of the Company's Books and Records relating to, among other things, the recent charges levied against the Company and Andrew Murstein, among others, and the complaint filed on December 29, 2021 by the Securities and Exchange Commission in the United States District Court for the Southern District of New York in connection therewith.