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Old 03-27-2009, 04:12 PM
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Join Date: Mar 2009
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Ripped off

I owned a stock for a company that went through bankruptcy and when they came out of bankruptcy they changed the company name and said my stock is now worthless and there was no new stock issued.
Do I have any recourse?
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Old 03-27-2009, 04:36 PM
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Posts: 2,993
That's what usually happens in a bankruptcy. The equity holders are wiped out.
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