Shareholder Service Solutions, Inc.
Andrew Wilcox's experience in the transfer agent space was invaluable as we undertook a thorough review of our contract for stock transfer services. His expertise resulted in a substantial cost savings for us annually. We highly recommend his services! ~ Gay L. Wolf, Manager, Stockholder Relations, The Hershey Company
Protect your shareholders’ stock and cash from escheatment, enhancing your investor relations
States in the U.S. have become increasingly greedy. They hire “contingent fee auditors” to sniff out stock and cash on transfer agents’ books which they CLAIM are property “abandoned” by shareholders –...
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Adverse Claims
These are situations where a party claims that it, rather than the current owner of a security (like a stock) on the books of the recordkeeper – transfer agent, broker or bank – has a superior right of ownership in the stock. The claim must officially be in writing, and when received it requires that the recordkeeper put a “stop transfer” on those shares until the claim is sorted out. These can be somewhat tedious affairs, involving multiple “notifications,” for which recordkeepers/transfer agents charge the issuer extra fees that, while noticeable, are typically quite reasonable.
“Stocks take the escalator up and the elevator down.” ~ Old Wall Street saying