Posted On: 02/17/2016 10:54:56 AM
Post# of 11040
Quote:
Among other things, COR Clearing requested that E-Trade freeze any amounts credited to its customers by DTCC as part of the purchase of shares of Calissio and assist COR Clearing in the return of the due bill payments that were wrongfully credited to E-Trade. (Dkt. No. 1-6; Dkt. No. 1-7). While E-Trade initially held the dividends allocations, it ultimately elected to release the hold on the dividends in early December 2015 and to make the funds available to its customers.
3
So E-Trade did initially freeze the dividend at the request of COR Clearing...very interesting. Why was E-Trade the only one?
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