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Published on 4/9/2009 in the Prospect News Special Situations Daily.

Hallmark Financial executive chairman reports 51.9% ownership interest

By Lisa Kerner

Charlotte, N.C., April 9 - Hallmark Financial Services, Inc. shareholder Detroit Stoker Co., an affiliate of Hallmark executive chairman Mark E. Schwarz and Newcastle Partners, LP, bought 71,279 shares between March 31 and April 6 priced from $6.56 to $6.94 each.

The transactions were reported in a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

Schwarz beneficially owns 10,835,968 shares, or 51.9%, of the Fort Worth property and casualty insurer.


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