2. Types of common stock Aa Aa E True or False: In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. They own a special class of stock called founders' shares. O O False True Consider this case: The CEO of EchoStar Communications, Charlie Ergen, owned around 5% of the company's stock, but his multiple votes per share gave him around 90% of the vote. Source: "Dish Network 2010 Annual Report," on Dish Network Investor Relations, http://files.shareholder.com/downloads/ DISH/1330128565x0x480914/DC45515A-D65F-475D-B6C2-CF83AE7A10D6/DISH_-_Web_Posting_-_3.30.11.pdf. Based on this example, which of the following statements is true? O Classified shares are not issued with the purpose of providing super-voting rights to a certain class of investors. Classified shares have super-voting rights, which give more control to a certain class of investors. O Suppose you work for a mutual fund firm. Your team is thinking of investing in EchoStar's stock. Your task is to create a report on the stock's performance and investment potential. In this scenario, you are working as a analyst