my stock certificate was issued to me with roughly 160000 more shares then it should be...the company wants me to return it and send me my lesser amount that i paid for...do i have to send it back??
1 Answer from Attorneys
Re: stock certificate
If the shares were issued incorrectly then they are entitled to void your certificate and issue you a proper one.
They are also allowed to void the cert without you returning it and correcting the share amount on their books and records. I would suggest that you simplify the process for all and return the cert and have them issue you a new one, it will provide an easier route for you when you go to sell it in the future.
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