backaway:
good questions! the man, Megas, has some of the answers, the brokers who said we had valid shares, has the rest, IMO.
What over the years seemed to be normal process, seems to have become a nightmare for the small investor. Broker told me they had mailed them and that I would have to wait. They had no leg to stand on, because they told me I had valid shares in street name. They had to get me the proxy. How can they explain to a court, some got them and others didn't. It is their fiduciary responsibility to make every effort possible to allow me to vote. I don't know, but I believe those that didn't get the proxy have a legal battle on their hands. But we know it will go to arbitration, already.
All I can say is when I became persistent to pursue because the broker claimed I had valid shares, I got to vote. As soon as this is over, I will go to another brokerage. I use 2 now, but I am not happy with either, for multiple reasons.
These brokerages better wise up, they are biting the hand that feeds them in a day of customer relationship management.
What a farce.
I am in Megas' camp when it comes to being upset with the service these brokerages have been providing? and now wanting to charge customers for fees for failed or poor service?
But time and the Creator of it are my friends.
Time and the Creator of it are my friends
AI
