How long after a company comes out of chapter 11 bankruptcy do they have to cancel their old ticker symbol?
Philadelphia, PA
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Posted about 1 month ago in Bankruptcy / Chapter 11
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I purchased stock in a company years ago after they came out of chapter 11 bankruptcy and I am told my shares will not be transferred over to the new ticker symbol in the new reorganized company. They are saying I still purchased the old stock symbol even after they came out of their bankruptcy and had a new ticker symbol. Is that possible?
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Also, is there any statue of limitations on something like this? When I purchased the shares in the company the stock value was not 0.0001. The ticker symbol had a much larger monetary value that you paid for the stock. I still have the shares of this company in my account listed under the old ticker symbol worth 0.0001 and the reorganized company is doing great, dealing with millions in profits. Answers (0)
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