CLEVELAND, June 5, 2019 /PRNewswire/ -- Ancora Advisors, LLC, which beneficially owns approximately 8.76% of the outstanding shares of J. Alexander's Holdings, Inc. (NYSE: JAX ), making it one of the Company's largest shareholders, today issued a letter in support of Ancora's campaign urging J. Alexander's shareholders to use the GOLD proxy card to WITHHOLD their votes from the election of Timothy Janszen and Ronald Maggard to the Board of Directors of J. Alexander's at the 2019 Annual Meeting of Shareholders scheduled to be held on June 20, 2019.