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.
- 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.