John Levin, the embattled chairman and CEO of BKF Capital Group, told shareholders that activist hedge funds seeking to oust him from the board of his asset management firm seek to sabotage long-term growth plans, the New York Post reports.

Levin wrote a scathing letter to shareholders late last week, the latest in a string of nasty filings and counter-filings ahead of BKF's annual meeting on Wednesday, according to the Post.

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