Ancora issues letter to iaa's board of directors regarding the need for a leadership change or sale process

Cleveland--(business wire)--ancora holdings group, llc today released the below letter that has been sent to iaa inc.'s board of directors. *** march 15, 2022 members of the board of directors, ancora holdings group, llc (together with its affiliates, “ancora” or “we”) is a meaningful stockholder of iaa, inc. (nyse: iaa) (“iaa” or the “company”), beneficially owning approximately 2% of the company's outstanding common stock. we invested in iaa because it is appears to be a fundamentally sound b
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