I have 5 shares of a stock worth about $2.50/share. I had previously closed an online brokerage account and had them send me the physical shares. So I have these very pretty large physical shares sitting in my closet, but its all only worth about $10, not worth the bus trip to take them somewhere to turn them into cash.
I received a letter recently from Broadridge, a firm I have never used, saying that I had to call them and possibly do some paperwork or my shares could be escheated to the state.
Should I bother? I wouldn't even mind if Oregon got my $10, I love Oregon, but I'm concerned this is all going to be a headache later when I try to cash the stock certificates in later. Can Broadridge give away my certificates when they are actually in my closet or do I need to call them and talk to them and tell them to leave me alone?
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