InvestorsHub Logo
Followers 14
Posts 1035
Boards Moderated 0
Alias Born 12/09/2011

Re: newflow post# 110136

Wednesday, 02/21/2024 12:27:41 PM

Wednesday, February 21, 2024 12:27:41 PM

Post# of 110990
I had my J escrows removed and then restored. Now they have been removed again.

Here are my messages w/ TD-Schwab:

Hello JW,

Thank you for your inquiry,

Our custodian received a communication from the company's agent telling our custodian to remove the shares. Once we receive a communication about the escrows value with the Chapter 11 still happening we can then restore your shares.

If you have any questions, please reply to this email or call the Reorganization Department at 888-723-8504, option 1. We are available Monday through Friday from 9 a.m. to 5:00 p.m. ET, excluding market holidays.

Sincerely,

Elisabet Tucker
Reorganization Department

TD Ameritrade
1-800-669-3900

TD Ameritrade Clearing, Inc., member FINRA/SIPC. Communications may be subject to review.



Original Message Follows:
------------------------

 Hello Elisabet,

The Chapter 11 reorganization for LBHI is still very much in progress. How can your custodian determine the escrows value with the Chapter 11 still progressing?

Please see the official Fed. USNY Chapter 11 reorg Case # 08-13555 Judge: Martin Glenn Jurisdiction: New York - Southern District
https://dm.epiq11.com/case/lbh/dockets

I have reached out to the estate attorney, but would like the position restored until the Chapter 11 has officially completed.

Sincerely
JW

My posts are opinion and should not be relied on for your investment decisions.