"Consumer Reviews on Companies, Products and Services"

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HSBC common short shares
Nick Scott July 26, 2009
Dear Complaints Board, I would like clarification as to where my money went as a short share holder of HSBC American ADR during the rights issue. My short right were held through expiration and as such I was was held liable for the difference. First, I was under the impression a cash delivery would take place because they were held through expiration, instead I was held liable for the cash and put 500 short shares of HBC stock. My broker told me as a short share holder through this right offering that I would not be held liable for... read full review »
Filled under: Business & Finances Location: United States

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