Roma Financial investor urging shareholders to withhold votes for management's board nominees

By Lisa Kerner

Charlotte, N.C., March 29 - A group of Roma Financial Corp. investors led by Stilwell Value Partners VI, LP filed preliminary proxy materials on Tuesday urging stockholders to not vote for management's slate of director nominees at the company's 2007 annual meeting.

By withholding votes, the group is hoping to send a message to Roma Financial that "in failing to outline and implement a stockholder-friendly capital allocation plan" it has not met its responsibilities as a publicly held corporation, according to a schedule 13D filing with the Securities and Exchange Commission.

Stilwell Value Partners beneficially owns 1.966 million shares, or 6%, of the Robbinsville, N.J., Roma Bank holding company's stock.

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