Replies to post #22 on LL&E Royalty Trust (fka LRTR)

[Enterprising Investor]

I recently learned that brokerage firms will not transfer out “worthless” securities. As a result, I’m in the same boat with one account

Although unlikely, sometimes value shows up years later due to a lawsuit. LRTR was involved in one, but the case later faded away.

If you own a small position, it might be worth having the firm write it off.