Pirate Capital Loses James River Coal Board Member, Cuts Stake
November 14, 2006
| about: JRCC
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In an amended 13D filing on James River Coal Company (JRCC), Pirate Capital disclosed an 8.8% stake (1.475 million shares) in the company. This is down 14.1% stake the firm disclosed in a past filing.
Recently, Pirate disclosed that Matthew Goldfarb, a James River Coal Board member, resigned from the hedge fund as part of its recent shake-up.
Lon Juricic
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