I have recently been attempting to sell off stock. I was notified of a buyout which I decided to take advantage of because of the gain in price.
I was notified by the exchange services that I had X amount of stock and that it would cost Y amount for the paperwork. I had no certificates so I had to pay based on the X amount of stock I was holding.
I paid the fees and did all the paperwork. When I got the payout, it was far less than promised. When I asked what happened, they said I only had 1/100th of the stock as previously stated.
What are my options for this issue? I was told I had hundreds of stock in the company. I paid the fees based on the numbers that they calculated. It seems like a bait and switch.
Is this an issue that I should bother to find a lawyer to handle or is this normal for stock trading? Is this something the SEC should be notified about?
[link] [comments] https://www.reddit.com/r/stocks/comments/136kgxe/feedback_for_a_situation/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
