An activist shareholder who this year won two seats on the board of New York's Ambanc Holding Co. now plans to seek even more control.

Investor Seymour Holtzman said in a filing with the Securities and Exchange Commission last week that he intends to nominate five candidates for the Amsterdam, N.Y.-based company's board. Five of $714 million-asset Ambanc's 15 directors will be up for reelection at the company's annual meeting next spring.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.