Activist Shareholder Files Schedule 13D with Equus Total Return, Inc.
Howard Todd Horberg has filed a Schedule 13D for his stake in Equus Total Return, Inc. (NYSE: EQS), representing approximately 5.61% ownership and calling for board accountability and strategic review ahead of the company's annual meeting on June 30. The activist shareholder highlights financial underperformance including five consecutive years of net investment losses and a declining NAV per share.
Topics: activist investor board accountability corporate governance shareholder letter