How can I confirm ownership of shares in a stock?

Asked Jan 25 '22 at 23:34

Active Jan 26 '22 at 01:01

Viewed 209 times

I purchased Rivian pre IPO shares with my stock holding of Starlink pre IPO. The company has since floated in the US. There was a lockout period before I could sell. However my broker (Scott Sorensen from Crown holdings Group Hong Kong) told me he could negotiate a sale at an agreed share price before the lockout.

Thats what we did and now he is asking for 86k USD commision paid up front. I would have thought that would be deducted from the payout. How can I confirm I actually own the shares.? and is this normal practice?

edited Jan 26 '22 at 01:01

fred_dot_u

asked Jan 25 '22 at 23:34

ANDREW THEODOSSIOU

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You are being scammed. – JohnFx Jan 26 '22 at 00:19
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Without further detail nobody can tell you definitively, but this has all the hallmarks of a scam operation. This sounds like a classic advanced fee scam. Also, a company named Crown Holdings Group is listed on the Hong Kong Securities and Futures Commission Alert list as a possibly fraudulent organization. Apparently Crown Holdings Group It is not licensed, and is listing a non-valid Hong Kong address. – Charles E. Grant Jan 26 '22 at 03:24
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@CharlesE.Grant Convert to Answer? – base64 Jan 26 '22 at 04:43
@base64 I thought about it, but it doesn't actually answer his question about confirming ownership of stock shares. – Charles E. Grant Jan 26 '22 at 05:29
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@CharlesE.Grant ownership of stock shares can be confirmed with the company transfer agent. Contact details here: https://rivian.com/investors/support – littleadv Jan 26 '22 at 06:30
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@littleadv wouldn't that just show a nominee "street name", possibly offshore? – base64 Jan 26 '22 at 11:18

How can I confirm ownership of shares in a stock?

0 Answers0