Replies to post #76157 on Lehman Brothers Financial SA (LEHNQ)

[IronMan123]

Never heard of such a thing. I have a TD account and have Lehman CTs in it and they have not said anything to me like this.

[wayne49]

Write to TD in an email and say you are following with a hard copy letter and get it return receipted. In both the email and letter state that you do not want your CTs sold or taken away in any manner from your ownership. You had in good faith requested certificates but was told by TD Ameritrade that it costs an unreasonable 500 per cert. Tell them 500 a cert cost more than most of the listed stocks in any exchange and it is a tactic employed by TD to dissuade you from getting your certs and it is a method for TD to steal your holdings from you. List the closing price for each CT.

State that the CTs are not worthless and currently sitting in CHP 11 BK with a chance to recover its value. Tell them you are the rightful owner of the CTs and you do not give them permission to sell them. Any loss of future profits will be their liability to you.

You get the gists of the letter and word it more friendlier.

Atleast get those communication in to start while you look at alternatives/options

tell them you will welcome any means to obtain the certs that is not unreasonable.

That is my suggestion. Good Luck

[JERSEYHAWG]

I have an account with TD to.

I just peeked, they only have about 60k of my CTs, all 4 types.

I have not got one email, or anything from them regarding Lehman CTs.

Wonder why?