Tuesday, February 21, 2017 2:21:39 PM
You can however, write them off as a tax loss at the end of the year; generally for the cost of a brokerage fee depending on broker. You just file for the abandonment of a worthless security with your broker, they take the shares out of your account, add them to their inventory and it shows up as a loss on your tax statement
The only way I have heard of you even hoping to get reimbursed is if there was a proven SEC violation worthy of a lawsuit during the time that you purchased and someone files and wins a class action law suit against such entity and if you filled everything out and got counted you may get a partial reimbursement. And frankly, that is probably even a long shot.
But don't take my word as Gospel, that is just my understanding from what I have read and seen on forums All just my opinion from info gathered over time.
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