PIERMONT, N.Y., March 24, 2011 /PRNewswire/ -- On March 24, 2011, Herbert Kurz announced his intention to challenge the Board of Directors' stewardship of Presidential Life Corporation ("Presidential Life") (Nasdaq: PLFE ) and to vote against the Board's director-nominees at the 2011 Annual Meeting of Stockholders.
Mr. Kurz owns 8.2% of the outstanding shares of the common stock of Presidential Life.
This is not intended to be a solicitation of proxies in respect of Presidential Life.
Press Contact: Gary J. Simon Hughes Hubbard & Reed LLP Office 212-837-6770
SOURCE Herbert Kurz