Alliance Bancorp Inc. of Pennsylvania (ALLB) in Broomall will face a proxy challenge from activist investor PL Capital.
PL Capital, which owns about 9.2% of Alliance's common stock,
Henick, 57, is an equity portfolio manager at ScurlyDog Capital, which specializes in community bank securities, PL Capital said in a regulatory filing. He is also a member of SD Capital Partners and a former executive director at Morgan Stanley. Henick has direct and indirect ownership of roughly 39,000 shares of Alliance common stock.
The company has drawn considerable interest from activist investors in recent years, including Stilwell Group and Clover Partners. Stilwell, which at one point controlled nearly 9.8% of Alliance's shares,