Wow, so all the owners/investors (shareholders) who actually invested real money to purchase shares of Yellow should get screwed? I really can't believe you're saying that. If they didn't do their homework by investing in a "failing company" shouldn't employees who didn't do their home by working at a "failing company" be treated the same way? And by the way, stock splits do absolutely nothing to change a persons total investment in a company. Stock splits are like exchanging 5 one dollar bills for one five dollar bill, you still have the same value.