Activist Lawrence Seidman Reveals Two New Bank Targets

Small cap banks quake when this New Jersey-based hedge fund manager comes knocking.

The biggest activist investor specializing in small banks is starting to stir again, after lying mostly dormant all year.

Lawrence Seidman of Parsippany, New Jersey–based Seidman & Associates is not well-known outside of the puny financial institutions that have been his historic targets, but over the years he has taken on more small banks and thrifts than anyone else.

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