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The Rule Of Law

Recently, I wrote an article about Atlantic Power (NYSE:AT) and the events surrounding the cut in its dividend and the subsequent (and significant) drop in its stock price. The feedback I received on the article was a mix of:

  • Go get 'em!
  • You should have known better!
  • If you sue the company you will ruin all chances of investors eventually recouping their losses.
    And
  • Filing a complaint with the SEC would be a much better option than filing a suit against the company.

We, as Americans, are very fortunate to live in a country that, for the most part, operates under the Rule of Law. Sadly, however, the past couple of decades have left (more)

Disclosure: I am long AT.