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Class A is not prohibited, but in my opinion, it's not the most desirable. Although it comes with voting rights (class B shares are non-voting), your vote doesn't really count for anything since Sumner Redstone (Chairman of Viacom) controls the majority of shares anyway, both personally and through a number of holding companies. Class B is much more heavily traded, and is thus more liquid, and the share price of B has historically (over the last 5 years or so) been identical to the A stock.
I own Viacom, but have always stuck with B stock.

Peace,
Jeff
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