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I Need Advice On How To Go About Claiming Dividends. - Business - Nairaland

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I Need Advice On How To Go About Claiming Dividends. by JRfromtheEast: 4:01pm On Sep 16, 2023
My Father bought some shares with Fidelity bank in 2008. 10000 units for #60000 naira(He died shortly after). Recently we saw the documents and decided to get the dividends. We met the Registrar and they gave us the requirements and we provided them. Now they are telling us that everything is worth #5000 naira after all these years even if the value of those shares have since increased and fidelity bank is still thriving. What should we do?
Re: I Need Advice On How To Go About Claiming Dividends. by yrhuhfy113: 4:16pm On Sep 16, 2023
JRfromtheEast:
My Father bought some shares with Fidelity bank in 2008. 10000 units for #60000 naira(He died shortly after). Recently we saw the documents and decided to get the dividends. We met the Registrar and they gave us the requirements and we provided them. Now they are telling us that everything is worth #5000 naira after all these years even if the value of those shares have since increased and fidelity bank is still thriving. What should we do?

that's a FAT LIE.

Get a business LAWYER....

Then go to FIDELITY BANK headquaters and ask to talk to their Funds Manager. (open an account there, get to know your accounts manager and from there they will tell you who to meet)


YOU SHOULD BE VERY WEALTHY RIGHT NOW
Re: I Need Advice On How To Go About Claiming Dividends. by JRfromtheEast: 5:49pm On Sep 16, 2023
yrhuhfy113:


that's a FAT LIE.

Get a business LAWYER....

Then go to FIDELITY BANK headquaters and ask to talk to their Funds Manager. (open an account there, get to know your accounts manager and from there they will tell you who to meet)


YOU SHOULD BE VERY WEALTHY RIGHT NOW

I know right! . There is Just no way it is 5k. Unfortunately, we cannot afford a lawyer . Is there no way to do it without one?
Re: I Need Advice On How To Go About Claiming Dividends. by yrhuhfy113: 7:30pm On Sep 16, 2023
JRfromtheEast:

I know right! . There is Just no way it is 5k. Unfortunately, we cannot afford a lawyer . Is there no way to do it without one?

you can go to another investment banker and make due enquiries about the true worth and also open account in fidelity and use the help of your account officer

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