FFGO - Kinda like the claims that if my broker and I agree for them to remove electronic equity shares from my retail account, for an agreed upon $1 private transaction, I will still be the rightful owner of said shares?
When you sell your shares they are sold to someone else. However, in FFGO case the broker is buying the shares to close out the position in a revoked security.
Any share holders can be part of any criminal or civil action brought again the company or any other lawsuit as long as they were share holders during the lawsuit time lines. The TA must retain the records for a time and the proof of owner ship is easily provided by the broker who closed out the account as well
as I have always said .. contact your tax people or lawyer for advice
Market Data 
Markets 
AI
