For those of you with your shares sitting in an E*TRADE account, you probably already know that the shares will 'disappear' from your statement in a few days. After going round-and-round with their folks, here's the latest response, which seems to indicate that my shares (or at least CUSIP) will remain posted. The account exec's name is Nigel Douglas if you're interested in reaching out to him.
I understand your concern about Crystallex International Corporation. The notice you received was part of an ongoing process by the DTC to remove securities from their ledger that have failed to retain a Transfer Agent for at least 6 years. Since the DTC custodies securities for E*TRADE, this means the position would be removed from your account as we no longer have a place to custody, or place, your holding. However, we are aware of the pending litigation and will implement a temporary hold to retain the position in your account.
This is not something E*TRADE will do indefinitely and if the litigation were to drag on, we may remove the position at a later date. Keep in mind however that even if the position were to be removed, most payments pursuant to a court order are based on a record date. This means that even if the position were not in your account, you may still receive the payment based on record date. For account records, you can use your account statement to show ownership of the shares. Each event is different, and we cannot speculate on how the litigation will ultimately play out.
We hope this information helps to ease some of your concerns for the time being. We are not guaranteeing a permanent halt to removing the position, so this decision is temporary at best. We do appreciate your understanding as we work to achieve an agreeable outcome, at least for the near term.