$27, you are partially correct. Here is the exact explanation from Schwab, which was sent out to some and received today.
In December 2024, we notified you that we would remove the securities listed below because they had no known market and/or no transfer agent service available for them in the past six years.
We've since identified potential market or transfer agent or addressed any potential internal custodian process issues, which have led us to not remove the position. Your securities will remain in your account(s). We apologize for any potential confusion.
What this means for your account(s).
These securities will remain in your account(s) and not be removed. No action is required on your part.
XXX
524ESC704
ESC LEHMAN BROS
XXX.00000
[th]Account Ending In:[/th]
[th]CUSIP[/th]
[th]Security Description[/th]
[th]Quantity[/th]
XXX 524ESC704 ESC LEHMAN BROS
[/td]
[/tr]
[/table]
We appreciate your understanding in this matter. If you have any questions, please call us at 800-435-4000. If you work with an independent investment advisor, please contact your advisor directly, or call Schwab Alliance at 800-515-2157.
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