Wednesday, February 16, 2022 12:18:37 PM
Hello XXXXXXXX
Thank you for choosing TD Ameritrade. It's my pleasure to assist you today!
After reviewing the transaction involving your Washington Mutual escrow position, it appears that this position was auto-liquidated and deemed worthless. There was no notification sent due to the immediate process of auto-liquidations. We apologize for any inconvenience.
I have included some information on Escrow positions for your review. An escrow position is given to a company that is undergoing a bankruptcy or any other reorganization in the process. The escrow position acts like a place holder; while it does not have a price, the escrow entitles the holder to potential future distributions. The escrow will stay in the account until distributions are made, or until the position is deemed null, void and worthless.?
I hope this information is helpful! Please do not hesitate to reply to this message or give us a call at 1-800-669-3900 if you require anymore assistance. We're happy to help!
We strive to provide the best in-class service to our clients by making it easy for you. Your opinion and satisfaction are essential. If we have not yet met your expectations, or if you see anything we could have done better, please let us know.
Thank you for choosing TD Ameritrade, and we hope you have a great day!
Marco Alvarez
Client Services
TD Ameritrade
1-800-669-3900
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