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I found a stock certificate for shares that were purchased in 1986. I had forgotten all about them. The clearing house I bought them from is no longer in business. The stock is still active and is currently trading at about $12. I would still need to know if it has had any splits or reverse splits. I do not have a stock broker. Also, the stock is in my ex-husbands name and I have not spoken to him in years. Is there any way to cash it in while not contacting him. He probably has forgotten all about it.

2007-04-11 04:28:11 · 5 answers · asked by Anonymous in Business & Finance Investing

5 answers

Either give it back to the proper owner or continue trying to be a thief and take something that is NOT yours.

Choose wisely.

2007-04-11 04:36:25 · answer #1 · answered by Sports fan 5 · 0 0

If the stock is in your AND your husbands name, you'll both need to sign to cash in. If it is OR either of you can cash it in. You can go to Bigcharts.com and count the number of split to determine how many shares the certificate is now worth. Muttiply that by the current price and that's what it's worth. If you take it into any Fidelity or Schwab branch they will be happy to sell it for you, of course with a fee.
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2007-04-11 06:29:13 · answer #2 · answered by SWH 6 · 0 0

If it is in his name, you will not be able to cash it at all. That would be fraud. What is the stock name? You can check on yahoo and see how many times a company has split or if it still exists. But the stock belongs to him. Depending on your divorce you may get up to half of its worth after it is cashed. But he will be the only one that can cash it.

2007-04-11 04:34:55 · answer #3 · answered by Anonymous · 1 0

While others are telling you that it belongs to your ex-husband -- they might be giving you bad advice. Check your divorce papers. You may have partial or complete rights to them. If he has rights, then you ought to share the proceeds with him.

Next time you ask a question like this, give the name of the stock. I could give you a definitive answer on the number of splits if you had.

2007-04-11 06:24:02 · answer #4 · answered by Ranto 7 · 0 0

the first answerer, is correct!

2007-04-11 04:36:42 · answer #5 · answered by Anonymous · 1 0

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