Shareholder activists are often humored by management, but at Onbancorp, the upstate New York banking company, the sense of humor has been slow to appear.

The bank continues to press a lawsuit it launched nearly a year ago against shareholder Seymour Holtzman after he disseminated an unflattering cartoon to express his view that the company should be sold.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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