Fair Dealing in IPO Allocation

As a CFA charterholder working at an investment advisory firm, you recently received a large allocation of a new IPO stock for your clients. You are aware that several high-net-worth clients have expressed interest in this stock. However, your boss, who oversees the allocation process, decides to distribute the shares disproportionately in favor of one well-connected client, bypassing the fair allocation principles outlined in the CFA Institute Code of Ethics and Standards of Professional Conduct.

In this scenario, which action would best represent adherence to the principle of fair dealing as stipulated by the CFA Institute?