F9 Investments Highlights LL Flooring’s Dangerous Pattern of Underperformance and Failed Operational Strategy Due to Ineffective Leadership
Dear Fellow LL Flooring Shareholders,
- Dear Fellow LL Flooring Shareholders,
As the largest shareholder in LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), F9 Investments, LLC together with its affiliates (collectively “F9” or “we”), owns approximately 8.85% of the Company’s common stock. - F9 was founded and is solely owned by industry veteran, serial entrepreneur and investor, Tom Sullivan.
- Moreover, they have an actionable, achievable plan to stabilize the business and position LL Flooring for long-term growth and shareholder value creation.
- LL Flooring’s current Board has overseen abysmal stock price performance on an absolute and relative basis, an ineffective operational strategy, tremendous waste of capital, and flawed strategic review process, among many other failures.