I take the opposite view. Ethics are important. If I was to found and run a company I'd hope that I'd never let things get to the point that investors felt that

I take the opposite view. Ethics are important. If I was to found and run a company I'd hope that I'd never let things get to the point that investors felt that this was a reasonable step. It sounds like up until this point they've been active and trying to help the company with these sorts of issues in a more discreet manner.