Yes, totally ethically bankrupt. But what bewilders me is that they yanked it as soon as they heard from their lawyers. I would have thought that if they made the decision to go ahead despite getting two "no"s, that they at least had a legal position they thought was defensible and worth defending.
But it kind of looks like they released it knowing they couldn't defend it in court which must seem pretty bonkers to investors.
But it kind of looks like they released it knowing they couldn't defend it in court which must seem pretty bonkers to investors.