3 ms·
Seems like par for the course nowadays for companies to issue two classes of stock with the second class having little to no voting power.
by Spartan-S63 5y ago
Seems like par for the course nowadays for companies to issue two classes of stock with the second class having little to no voting power.
- skeeter2020 5y agoI hate this, but us purchasers have no one but ourselves to blame.
- dublinben 5y agoThe major index providers (FTSE Russell, MSCI, and S&P Dow Jones) have either banned or restricted stocks like this from their indexes. If you stick to mutual funds or ETFs that track these indexes, then you're speaking with your money by avoiding these stocks. https://corpgov.law.harvard.edu/2018/08/22/dual-class-index-exclusion/ https://corpgov.law.harvard.edu/2018/08/22/dual-class-index-...