Saverio Manzo's Discussions

Class "A" vs. Class "B" shares: still stuck in the middle ages

I have seen yet another example of a company, originated by a family as a small start-up many years ago, successful, became listed on the TSX exchange and hold a significant amount of "class A"…Continue

Tags: http://saveriomanzo.blogspot.com/

Started Mar 12, 2010

View All

Saverio Manzo's Page

Gifts Received

Saverio Manzo has not received any gifts yet

Give Saverio Manzo a Gift

http://saveriomanzo.com/

Saverio Manzo's Blog

Dual Class Shares – Still living in prehistoric times?

Can you believe that we still have several example – several companies – structured with Dual Class Shares? I once owned a small position of common “class B” shares of a company and learned quickly, the hard, way, what this means to

the little guys shareholder with virtually no say in decision making of the

company (generally, the whole purpose of having a “vote” with our lowly common

shares).…

Continue

Posted on October 11, 2010 at 9:47am — 2 Comments

Comment Wall (3 comments)

You need to be a member of ShareOwners.org to add comments!

Join ShareOwners.org

At 11:41pm on October 9, 2010, James McRitchie said…: Saverio - We're still working on the blank vote issue. If you get a chance, I would certainly appreciate any comments you might have on http://www.shareowners.org/forum/topics/blank-votes Thanks. -- Jim

At 11:14pm on September 14, 2009, James McRitchie said…: Good to see you participating. Hopefully, efforts like shareowners.org, VoterMedia.org, Investor Suffrage Movement TransparentDemocracy, & Proxy Democracy, will help retail shareowners and beneficial owners get involved. Please spread the word.

I hope you will also consider sending a comment to the SEC supporting our petition to prevent blank votes by retail shareowners from automatically turning into votes for management. See http://www.corpgov.net/news/news.html#BlankVotes.

At 10:35am on September 14, 2009, Saverio Manzo said…: hi. I have, from time to time, like many other minority shareholders, been disappointed - sometimes angered - about the decisions of some company's Board of Directors and senior management. Thus I am very pleased to see this website as a forum for us to express our concerns and hopefully, little by little over time, we'll do our part in reducing the "abuse" that happens.
Saverio Manzo