The Real DTCC Discussion

[ovsa]

Thanks for your response.

It's not really an award as per a lawsuit. Its a special distribution coming from the company's assets which are being held in escrow pending a court outcome in the state of Delaware.
Two weeks ago AABA issues a part of this special distribution of $8.33 per shared to the holders on record at the time of dissolution. I received it through my broker account, no counsel involved. The company has said another distribution is forthcoming. They cannot say when and how much though.
My discount broker is insisting i must remove these shares as thy are non-qualified for a registered account. My concern is losing ownership of these shares which would make me lose any potential future distribution. Its a substantial amount.
My quest is to find a way to have my name registered to these shares and to remove them from my account at the same time. Someway the distribution would have to find a way to me.

Thanks for your input.