I consider the reorganization a considerable change of direction and would like the opportunity to not only read the Baroni report for its recommendations, but also see what actions the BOD determined necessary. IMO I feel the ability and my right to properly assess and/or monitor my investment has been impacted.
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The laws and rules that govern the securities industry in the United States derive from a simple and straightforward concept: all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it, and so long as they hold it. To achieve this, the SEC requires public companies to disclose meaningful financial and other information to the public. This provides a common pool of knowledge for all investors to use to judge for themselves whether to buy, sell, or hold a particular security.
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