E-Trade.com, E-Trade Financial, E-Trade Securities LLC
ETrade has stolen from my account

My story is similar to that of Craig, from Plano, and a number of other individuals. It appears that on 9/28. Etrade simply liquidated, at a considerably lesser value, and without informing me, the shares I had bought on 3/15 for $1,107.45, in order to pay for the accumulated $25 "account maintenance fees" they had started charging me at some point in time.

According to a customer service representative I contacted recently, the account was considered "dormant". Of course it was: I was waiting for the value of the shares to increase again to an acceptable level to sell them and limit my loss. So, it was simply closed without my knowledge, with Etrade helping themselves to my money... I thought I would sell my shares these days, and get at least a fraction of my money back. I have nothing left.

This is nothing less than grand larceny, fraud, usury, deception, etc. And since when is $25 an acceptable account maintenance fee?

I would gladly join a class action suit to stop these thieves from operating ever again.

Company: E-Trade.com, E-Trade Financial, E-Trade Securities LLC
Country: USA
State: Virginia
City: Merrifield
Phone: 8003872331
Site: us.etrade.com

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