I think these kinds of shenanigans (stonewalling/hiding/papering over safety issues/corruption) should be able to be penalized with forced stock splits, maybe s

I think these kinds of shenanigans (stonewalling/hiding/papering over safety issues/corruption) should be able to be penalized with forced stock splits, maybe something like 1:3, where 1/3 of the split shares go to the gov/court/victims and become a fine essentially. The fact that ownership doesn't have any real risk makes it so there aren't appropriate corrective pressures from the market side.