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Stories tagged with Jay Meyerson

Meyerson leaves Accredited

By Gary Jacobson   |   August 31, 2007 at 3:36pm   |   0 Comments

Accredited Home Lenders, the troubled mortgage company with two former S&L regulators on its board, lost a key director this week.

A. Jay Meyerson, the former CEO of Aames Investment Corp., resigned effective immediately. Meyerson joined Accredited board’s last October, when Accredited acquired Aames.

Thursday, a day after Meyerson resigned, Lone Star Fund informed Accredited that it was lowering the price of its takeover offer to $8.50 a share. In June, Lone Star offered $15.10 a share.


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