Signature Group’s Secret Weapon — Losing $900 Million

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San Fernando Valley Business Journal

By JOEL RUSSELL, Staff Reporter

Can a new chief executive reverse the long story of losses at Signature Group Holdings Inc.?

That’s the question shareholders hope will be answered on July 16, when the Sherman Oaks company convenes its annual meeting. The gathering comes on the heels of an aborted proxy battle and executive shake-up that made Craig Bouchard the new top executive.

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Signature Group Holdings Announces Settlement Agreement with New Signature LLC

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New Proxy Slate to be Presented at 2013 Annual Shareholders Meeting

Craig T. Bouchard Named Chairman and Chief Executive Officer

Original Press Release in Wall Street Journal, Reuters, Bloomberg

Sherman Oaks, CA June 5, 2013 — Signature Group Holdings, Inc. (OTCQX: SGGH) today announced that it has entered into a settlement agreement with New Signature LLC for a new company proxy slate to be presented for election at the 2013 Annual Shareholders Meeting on July 16, 2013. As part of the settlement, New Signature LLC will withdraw its slate and support the company’s slate.

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