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Abbott Laboratories Message Board

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  • axcet axcet Jan 3, 2013 12:22 PM Flag

    ABBV shares haven't distribributed to Scottrade account

    Everyone is NOT in the same boat. I own ABT in an account at Fidelity and my ABBV distributed shares hit that account yesterday. Seems unlikely that Compushare Trust Company (the distribution agent) would distribute shares to some brokers and not to others.

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    • Actually this is the case. Every spin-off I have been a part of (Motorola, ConocoPhillips, etc.) has not distributed immediately on the spin-off date. Sometimes it's a day, in the case of MOT it was almost two weeks. I don't know why and it is annoying, but everyone will get their shares.

42.29Sep 28 4:00 PMEDT