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Nairaland Forum / Nairaland / General / Investment / Help!!! Are We Being Cheated (227 Views)
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Help!!! Are We Being Cheated by CandidAdmin(m): 9:51am On Feb 21 |
I don't really know much about the finance sector or things like that so please explain in layman's terms. My dad bought a 5000 first bank shares 20 years ago and forgot about it. He suddenly remembered it last week and tried to claim the dividends. After meeting with a broker and everything, he was paid the dividends of the past 12 years and not 20. He said his unclaimed dividends was 300k+ but was only paid 40k+ The question is aren't they supposed to pay him full? If not, why? Please explain in layman's terms. Mynd44 Nlfpmod |
Re: Help!!! Are We Being Cheated by yemicarter: 11:50am On Mar 20 |
Someone should answer this. I called first Registrars too about old shares i found but thry are saying shares of more than 10 years ago are not applicable? is that true? The money is just gone? |
Re: Help!!! Are We Being Cheated by CandidAdmin(m): 5:44pm On Mar 20 |
yemicarter: So you're also in my shoes? |
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