<prompt> Human: Hello, I am in New York City Kings county to be specific, if it matters and have a bit of an issue and I dont know where to turn. nbsp;This is a weird situation where I am really not able to Google answers as to whether or not I could possibly get jammed up by this. I spent a decent amount of money buying a stock that I believe will be worth something some day as is the reason any of us buy stock. It has been in my Scottrade account for years.I received the following e-mail from Scottrade on January 12th, 2018:nbsp;Regarding account: Description: WORLDSPACE COMM CUSIP: 981579105Worthless Date: 1112018Shares: Recently the above listed security held in your Scottrade account has been deemed worthless or invalid. We are notifying you that as of 1112018, there is no available bid price or market to sell these shares and as a courtesy they will be removed from your account. Unless you provide Scottrade with evidence of the validity of the security within sixty 60 calendar days of this notice of removal, you agree to waive any claim to any future distribution from the security and agree to indemnify and hold Scottrade harmless from any claims, liability, or damages resulting from the removal of such security. If you provide Scottrade with evidence of the validity of the security from an independent third party within sixty 60 calendar days of receiving the notice of removal, Scottrade will reinstate your position.Transactions to remove securities which are deemed worthless results in a permanent disposition of shares and may not appear on IRS Form 1099 or any other tax reporting form. Worthless securities removed from your account may appear on your next available account statement following the removal of the securities from the account, and will not appear thereafter.No other action is required from you. Additional information regarding this security may be available through the issuers website. For further assistance, please contact your local Scottrade team.Thank you,Scottrade, Inc.nbsp;When I called Scottrade to let them know I didnt want their courtesy, Scottrade said they would look into the matter and call me back. I called Scottrade back and a client services representative told me I would need to provide proof the security will trade on a major exchange shortly. Which would be something I would have no way of proving, as this particular company has been tied up in a bankruptcy that hasnt resolved itself since 2008. The client services representative also said that in this case DTC has record of my shares, if there was to be any distribution in this case I would likely receive it. I didnt like the word likely being used and the language in the email says you agree to waive any claim to any future distribution from the security. I find that pretty ridiculous because this was not something I acknowledged; it was just an email sent to me. What if I didnt see the e-mail??nbsp;I proceeded to inquire to have something written by an independent third party and got the following response:nbsp;just from my experience working at some large brokerage houses, they dont like to hold on to stocks that have been delisted for major exchanges. It seems the stock has been delisted and thats why Scott trade wants to move it out of your portfolio. If you still want to keep the position seems like its at a zero value at this point, you could ask the transfer agent to assign physical stock receipts but that would be a charge for that documents. And then if this stock ever gets listed again and you want to trade it you would have to bring the stock certificates into a broker-dealer to convert with the transfer agent into to trade it again.I can help you write something but I dont think its going to change that they are not going to have something listed in your profile thats not listening to any major exchange at this time.nbsp;On that advice on 2.26.18 I called TD Ameritrade which merged with Scottrade to ask for the steps to receive physical stock receipts. The client services representative told me that he could not provide the physical receipts because on 1.12.18 I requested to remove the security from my account as worthless. I let the client services representative know thats inaccurate and a big problem because 1: I didnt ask to remove the security from my account and 2: I am supposed to have 60 days to dispute the action according to their e-mail, and ScottradeTD Ameritrade took it upon themselves to remove the security from my account on the date of notification. The representative then said that FINRA sent a notification that declared the security worthless, which I immediately called out as being inaccurate. I asked for proof of the FINRA statement and received this response: nbsp;Re: Removal of a Non-Marketable SecurityDear ,Thank you for contacting TD Ameritrade. As you requested, on January 12, 2018, we removed shares of WORLDSPACE INC COM CL A - WRSPQ as a non-marketable security fromyour TD Ameritrade account ending in .The security is considered a non-marketable security because it does not hold any value that weare aware of and has not had a Transfer Agent, to facilitate the change in ownership necessary fortrading, for more than six years. Removing a non-marketable security from a brokerage accountfollows standard industry practice and SEC Rule SR-DTC-2003-09.Please note that TD Ameritrade does not provide tax advice. We encourage you to contact your taxadvisor for information on any potential tax consequences of this action.If we can be of any further assistance, please let us know. Just log in to your account and go to theMessage Center to write us. You can also call Client Services at 800-669-3900. Were available 24hours a day, seven days a week. nbsp;I was on a follow up call on 2.27.18 and the client services representativemanager claimed that its sufficient that my statement that shows Ive purchased the shares and that should be sufficient enough proof; and that theyve made sure its legally sufficient at least from their managers point of view. They say that I need the statements of purchase and I also need the cost basis reports from right before and after the bankruptcy declaration elisting and that will serve as proof of ownership if there is distribution. This makes sense to me but I cant get around the wording waive any claim to any future distribution from the security and agree to indemnify and hold Scottrade harmless from any claims, liability, or damages resulting from the removal of such security. nbsp;I understand how bankruptcy works and how insanely unlikely it that equity holders are not wiped out in Bankruptcy esp 7, but if there is even a .0001 chance I obviously dont want to write that chance off prior to knowing the outcome. I believe the chances are much greater than .0001 today. Ive a lot of documents I put together that I intended to have an independent third party verify but realize it doesnt matter because theyve already permanently removed the security from my account and the facts dont matter, only that the security is delisted and currently a Non-Marketable Security. Any help or insight would be really appreciated.  <response>: Holy crap this is so incredibly specific situation, never heard of it before... you should really hire a financial lawyer, I doubt anyone on this subreddit is qualified to give you advice, and even if they do, they would tell you to seek the advice of a lawyer anyway. I would be prepared to pay a good amount of dough to resolve this in order to keep your shares! 