The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/worthless-stock-14539179.aspx

Subject:  Worthless Stock Date:  3/13/2001  4:42 PM
Author:  skidisk Number:  48328 of 121219

Hello. I appreciated your column on worthless stock, which, sadly, is relevant to me. I worked for a company and stupidly excercised my options via 83(b). I've now lost thousands. However, the company isn't dead, even though it laid off everyone and sold its assets (and still owes millions to creditors). They never gave me my stock certificates, and there is no one to ask. Also, the law firm refuses to do anything more for the company, since they themselves are owed a lot. So, I can't follow your four step plan. Any other suggestions? Thanks. \Steve
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us