Rumbleon's two largest stockholders criticize board's recent decision to accelerate severance payments

Phoenix , may 16, 2023 /prnewswire/ -- william coulter and mark tkach, who together hold approximately 32.0% of the outstanding class b shares of common stock of rumbleon, inc. ("rumbleon" or the "company") (nasdaq: rmbl), today sent a letter to the rumbleon board of directors, criticizing the board's recent decision to accelerate severance payments to former director and chief operating officer peter levy, and to shield those payments from accountability. below is the full text of the letter: dear members of the rumbleon board of directors: we were shocked by the rumbleon board's recent actions to accelerate and shield peter levy's severance payment.
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