Voce Capital Sends Letter To FBR Shareholders Outlining Urgent Need for Board Change

SAN FRANCISCO--(BUSINESS WIRE)--Voce Capital Management LLC (“Voce”), which along with its nominees owns 5.2% of FBR & Co. (Nasdaq:FBRC) (“FBR” or the “Company”) and is the Company’s third-largest shareholder, today mailed its definitive proxy statement and sent a letter to FBR shareholders detailing the compelling need for change at the Company, given what it sees as severe underperformance and a lack of effective Board oversight. The full text of Voce’s letter to shareholders can be found here.