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Old 10-11-2008, 09:33 AM
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Default Stock Transfer Sale

I inherited some stock from my deceased dad and I hired a lawyer many months ago to figure out all the legal stuff for me.

Two months ago I filled out some paperwork and sent it off to BofA and they forwarded it to someplace in India to be processed. BofA has been giving me the run-around, but I finally got word 10-days ago that they spilled water all over the paperwork and could not process the stock transfer and I had to refill out the paperwork and resend.

Well, as you know, the market took a major dump and the stock price has gone from $35 a share to $12 a share. Can I hold BofA liable for their negligence in spilling water on the paperwork and thus hold them responsible for profit lost? I have 2900 shares so it is a substantial amount of money.
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