I disagree. In conservative companies, it would be common to meet in person and give a firm handshake, before taking out the required documents from a briefcase. It's sad to see this tradition evaporate.
I'm not sorry to see it go. Half the time the people in the meeting forget what was decided on because it's one of a thousand other things they had a meeting about and no one we wrote anything down.
There's value in face to face, but not when it's a wide reaching announcement like this.
A year to make fixes and nothing was done?
Legal is like, "We warned you every way we possibly could have."
"two phone calls a day for 14 days" is far from insufficient notice, to say nothing of the rest.