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Monday, July 17, 2023 5:40:26 PM
Hello TD/Schwab,
Please forward this message to your custodian. This escrow is part of the LBHI estate and currently in reorganization. They should not have been removed.
LEHMAN BROTHERS
HOLDING INC QTY #
ESCROW 525ESC711
The LBHI Estate trust currently has $100+M reserved for ongoing operations and has a reorg plan in place. Additionally, the LBHI Estate is filing quarterly with the SEC (see below).
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0000806085&owner=exclude&action=getcompany&Find=Search
I also know of several other TD account holders that have not had these same escrows removed. Further, we have not received any notification from the LBHI estate that the chap 11 has been closed (at a minimum we would have received tax forms) and notification from the SDNY court.
Sincerely,
JW
My posts are opinion and should not be relied on for your investment decisions.
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