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Message: Any thougths regarding a letter....

Any thougths regarding a letter....

posted on May 21, 2006 11:20PM
I received from one of my brokerage houses?

On Saturday I received a letter from Wedbush Morgan Securities, who I maintain a small retirement account with. In that account I hold some of my shares of Patriot.

The letter informed me that :

``Individuals representing themselves as the authorized persons to receive shareholder information on behalf of various issuers requested lists from ADP containing shareholder name, address and number of shares`` of PTSC held in my account..... ``It was later determined that these individuals were not authorized to receive the information. Upon detection, ADP contacted the FBI, which is conducting an investigation.``

The letter goes on to tell me that although they sent my account information to this party (?) they did not send out my social security number (gee thanks).

The letter ends with the following warning, ``Please be particularly cautious regarding any contact or solicitation referencing this security .....``

I should note that the only security in my account these ``individuals`` asked ADP about were the shares of PTSC that I hold at Wedbush and did not request information about other securities in the same account.

Has anybody out there had a similar letter and warning or does anybody have any idea what is going on?

I would appreciate any input into this matter.

marc

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