because it's theirs and people have already paid for it so it is the right and moral thing to do.

Fans of this band have been waiting for the pre sale of this CD since November of last year (including me personally) and the label is refusing to give the band any of their CDs, OR their royalties for any of their previous releases on this label. Amoral. Moreover, the label is hypocritical and claims to support the independent music genre, which it obviously does nothing of the sort since this is not the first band they've screwed over.

For a quick take on the story, here's a link to a Billboard article dated from August of 2012 in which the lead singer of Streetlight explains what has happened/is happening from his point of view.