Paper stock certificates - question
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Anonymous
| DH has some paper stock certificates from a company he worked for decades ago, that he never cashed in. Since that time, the company has been bought and sold many times over to the point where we can't track the current status. I tried taking them to Fidelity but hit a wall there, too. Any other ideas? Not sure what, if anything, they'd be worth but I figure it'd be worth it to look into this. |
Anonymous
| Google the original name of the company for starters. |
Anonymous
|
American Stock Transfer AKA Equiniti has a look up tool.
A transfer or paying agent as they are called hs that info. It is usually on the certificate. Also DTCC has info on non publiclly traded securites or your broker dealer Corporate Actions area can look up. |
Anonymous
| If you find any successor corporation that is large, try calling their investor relations number. |
Anonymous
|
Also...most likely it doesn't matter how many times it's been bought and sold. The first time it merged with a particular company, that company made a compensation offer. Either cash or stock. That's probably what you are owed, if legally entitled to it.
It is just possible, if the certificates were registered to your husband, and he is due some money, and they didn't know where to find him (no address/no SSN), they may have turned over the money to a State Dept. of Treasury unclaimed property division. Search in the state where he received the certificates and the one where the company's HQ is. New York state is particularly demanding about taking possession of abandoned assets. |
Anonymous
| He might not get anything for them. |
Anonymous
| Are they on Computershare? Try calling them. |
Anonymous
+ Equiniti is a great resource. All information is on the certificate - https://tools.equiniti.com/research-tools/certificate-search |