MICHAEL sent a message to Edward Lampert Chairman and CEO of Sears Holdings Email Address that said:
Today, I received a 1099 from Computershare, showing that I earned $28.97 as ordinary dividends. Knowing that Sears has not paid dividends, I contacted Computershare. The representative there told me that there were expired subscription rights, resulting in income. I have never heard of these subscription rights, and was never notified of their existence. Why are these rights income, and how were they of any benefit to me. Sears was a GREAT company at one time - I worked there in high school and college. But, why anybody would want the right to buy Sears stock would be beyond comprehension. So, Mr. Lampert, what were these rights issued to me that I was not able to take advantage of and why am I being issued this 1099 for dividend income when I received no cash?
Michael
