Yes and they are being encouraged to arb their common shares in exhange for the PDRs, that carry a so-called company "guarantee" which makes them a forward investment contract.
The idea that this Finegan idiot has had anything to do with the securities industry is scary at best. It's no wonder he was relegated to selling cheap housing in the sub-prime mortgage sector
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution