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Author: stevenjklein Big funky green star, 20000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2895  
Subject: My order was executed after it expired Date: 5/25/2012 10:06 AM
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Last Friday I placed a limit order to buy FB.

After the market closed, I logged on and saw a notice saying my order had expired unexecuted.

Yesterday (Thursday) I got an email from Scottrade with the subject, "Trade Confirmations Available Online."

At first I thought it was a phishing attempt, since I hadn't placed any trades since last Friday, and that one expired without being executed.

I just got off the phone with Scottrade, and they're now claiming that they didn't receive confirmation of the trade (from Nasdaq) until Wednesday.

Do I have any legal recourse against Scottrade or Nasdaq?

I can't help but wonder what would have happened if I'd spent that cash on another stock, or withdrawn it from my account.
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