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Thread: Escheated Shares

  1. #1

    Escheated Shares

    Iíve got some US shares, not a great value, probably couple of $1000 which Iíve learnt have been escheated due to my lack of activity. Seems an odd process to us (well me) in the UK.

    Anyone else had this and been through hassle of getting them (or cash value) back.

  2. #2
    Grand Master SimonK's Avatar
    Join Date
    Apr 2007
    Paris, France
    Perhaps they think you are dead? That's when escheatment usually kicks in.

  3. #3
    They may do but Iíve since read that the process can kick in after 3 years of inactivity (voting with proxy, logging into account etc.).

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