Replies to post #712723 on Mr Cooper Group Inc (COOP)

[SamuraiProgrammer]

I really don't 'know' how the money will come back. There are several theories including:
1) it will show up as cash in your trading account
2) it will show up as new stock in your trading account
3) it will show up as a check in your mailbox
4) it will show up in the COOP balance sheet

I could see any of those as possible. But, really, I don't know.

My assumption is that the assets (in whatever form) will find us. If they can't find some of us, there will be a process available to prove who you are and where you are so they can find you.

Years ago, I had an email exchange with the people at KCCLCC and was told that as long as my brokerage firm had my correct address, everything would be fine. HOWEVER, that may have been limited to the LT.

THIS POST IS NOT ADVICE ON WHETHER OR NOT YOU SHOULD TAKE ACTION(S). Speak to your brokerage firm if you want advice.