Many investors believe it is, and they routinely avoid companies with multiple classes of voting stock. (fool.com)
He will retain over 50 % of voting stock, making him the controlling shareholder in addition to being both CEO and chair of the board. (canadianbusiness.com)
The SEC rule change is expected to say that such elections are no longer routine items and brokers can't vote the stock either way without shareholder instructions. (greenbackd.com)