On December 11, 2014, Brian Ferdinand announced that he has become increasingly dissatisfied with certain actions and decisions taken by the Board of Directors and senior management of Liquid Holdings Group, Inc. As a result of such review and evaluation, Brian Ferdinand announced that he and his representatives have begun to communicate, and intends to engage in further communications, with the senior management, Board of Directors and/or other shareholders of the Company with respect to operational, strategic, financial or governance matters, including encouraging the Company to take certain actions that Brian Ferdinand view will enhance shareholder value.