BKF Capital Group Inc. (BKFG)

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Bkf Capital Group, Inc. Notified by United States DOJ – ENRD of Possible Claim by CERCLA

Business Wire
BKF Capital Group, Inc.
5 hours ago
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--

BKF Capital Group, Inc. (OTC Pink: BKFG) today announced that it has been notified by the United States Department of Justice - Environment and Natural Resources Division of a possible claim by the United States under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) relating to certain property located in Highlands and Polk Counties, Florida. As identified to BKF, the property at issue was appropriated by the United States in 1942 from the Consolidated Naval Stores Company, an entity over which BKF’s predecessor Baker, Fentress & Co. allegedly had an ownership interest at the time of the appropriation. BKF intends to fully investigate the claim and, if necessary, defend itself to the fullest extent possible under the law, including pursuing indemnification and insurance rights.

Cautionary Statement Concerning Forward-Looking Statements

Statements used in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon the current expectations and beliefs of the Company's management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Notwithstanding changes that may occur with respect to matters relating to any forward looking statements, the Company does not expect to, and disclaims any obligation to, publicly update any forward-looking statements whether as a result of new information, future events or otherwise. For further information on these and other and other cautionary statements, please refer to the risk factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission including, but not limited to, the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014.



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Contact:

BKF Capital Group, Inc.
Steven N. Bronson, 805-416-7004
CEO