Abandoned Property/Lost Shareholder Searches

Keane, Inc. Searches are Cost-Free to Shareholders

WE’VE GOT YOU COVERED ON THE SEC RULE 17 AD-17

Continental Stock Transfer & Trust has an agreement with Keane to assist our issuers in locating lost shareholders. SEC rule 17 Ad-17 search process is cost free to the shareholder. Processing fees charged by Continental are not borne by the shareholder.

Keane plays a pre-eminent role in this field, acting on behalf of scores of high-profile Fortune 500 companies, as well as a number of large transfer agents. Keane provides mandatory due diligence of lost and unresponsive shareholders’ accounts under SEC Rule 17 Ad-17.

This rule was instituted by the SEC in an effort to both reduce the instances of shareholders who lose contact with their property, as well as assist in reuniting shareholders with their assets.

ISSUER ADVANTAGE

As always, shareholders continue to have the opportunity to contact Continental directly to update their shareholder information and address at no charge, rather than utilizing Keane’s recovery services. The advantage to the issuer in the location process is that any previously abandoned property is returned to the rightful owner, and not escheated in accordance with the dormancy periods prescribed by the various states. Accordingly, your escheatment charges are reduced and more shareholders are reunited with their underlying assets.

Again, SEC rule 17 Ad-17 search process is cost free to the shareholder. Processing fees charged by Continental are not borne by the shareholder.

LEARN MORE

Connect with John Ulla, Chief Operating Officer