JimBo: How do I track down stocks that I bought through a now non-operational investment banker?
I purchased 200 stocks in a company back in 1997 through H.J. Meyers & Co. Inc. From looking online they appear to have closed their doors amongst some scandal some time ago. The company I bought stock in is still operating (PMTI). How do I claim my stock certificates and succesfully sell my stock in this company ?
Answers and Views:
Answer by justme
You should have received regular documentation, including confirmation of the number of shares you own, and your own exclusive shareholders number, either from the company, or from a stock exchange sponsoring agent. You should also have received dividend payments. If none of this has happened, it’s possible that Meyers & Co. have purchased the stock in their own name, and you have now lost your money.
If you have been getting dividends, and they were paid to you through Meyer & Co., this confirms what I have suggested.
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