I am going to agree with "JasonFruit" here.
The company has a much rosier picture of themselves than you do (and who is to say which one is right?). Think of possible mitigating circumstances, first duty to investors, what's right for the company, we made a mistake, etc etc and who knows what else.
You don't want to make enemies, have them hit back in public, etc. This is not about what is "just" but what is efficient to get on with finding a job, and telling everyone about it.
So I do think it would be a mistake to make it a public fight and bring up the name of the company.