Have been following this saga for years despite having only a few hundred shares.
Apparently, for some unknown reason, my shares had a restrictive legend placed on them making it impossible to trade them until it is removed.
Since the shares are in an IRA, I do not have physical possession. The custodian has requested a whole bunch of paperwork and is indicating that I may face a $1000.00 fee for their work. The entire position is 400 shares.
Anyone else have a restrictive legend? Anyone else have such a legend removed? Anyone know when the legend was added?
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