Seidman: A Small Bank Activist Who Flies Below the Radar

The former SEC lawyer has targeted small banks and thrifts since the early ’80s. His usual strategy: Urge a share buyback or a sale.


Little-known bank activist Lawrence Seidman has become much busier of late, an indication that more of the financial institutions he typically targets may be undervalued. In the past month alone, he has filed two new initial 13Ds, six in the past 11 months.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.