Shares sold without my consent

Shares sold without my consent

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Backtobasics

Original Poster:

1,182 posts

184 months

Monday 6th February 2017
quotequote all
I left my old company last year and took my shares in the firm with me. I contacted a large staff share management company last week who manage the companies shares to ask how many shares I have.

I was told that they were all sold and converted into a share certificate on the 10th of Jan, this is without my consent and they didn't even contact me to tell me they had done this, and I dont have a share certificate still.

I can see nothing in any documentation and this appears highly irregular.

Can anybody advise?


Backtobasics

Original Poster:

1,182 posts

184 months

Monday 6th February 2017
quotequote all
Thanks for the reply, I phoned a couple of mates today, they read it as its in our gift to decide when to sell them. Whats equally concerning is the exceptionally long time between selling and them not sending me the certificate.

Backtobasics

Original Poster:

1,182 posts

184 months

Wednesday 8th February 2017
quotequote all
good advice guys, thats exactly whats happened. After a light toasting from me the firm completed and sent me the share certificate today. Just need to get the shares sold now, I expressed some amazement that I was receiving a certificate but at least its in my hand.