TierOne shareholders may suggest options for increasing shareholder value

By Lisa Kerner

Charlotte, N.C., Dec. 5 - TierOne Corp. investors the Philip Stephenson Revocable Living Trust and George Philip Stephenson may hold discussions with the company's board of directors, management and other shareholders regarding ways to enhance shareholder value.

The investors beneficially own 909,965 shares, or 5.0%, of the Lincoln, Neb., federally chartered savings bank, according to a schedule 13D filed with the Securities and Exchange Commission.

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