My letter to Etrade:
I just received a summons because I have shares of BCIT bought on 10/31/05 in my account. I am named as a defendant along with 1200+ others and am hopping mad!! I bought BCIT in good faith with my hard earned $$ and darn well expect Etrade to make my shares good (new CUSIP#) and able to sell them when the stock does trade. It is Etrades fiduciary responsibility as a representative of my, your client to make sure the shares I purchased were good before they are setttled.
Please inform me as to what to do regarding this lawsuit. If I don't respond shortly, I am to forfeit $10,000.00 due to purchasing shares thru Etrade.
So????,
All of the opinions expressed here, inclusive of all my past, present or future post, are mine, and mine alone. The opinions expressed are not a buy or a sell recommendation. Do your own Due Diligence.