New York Depositary, LLC Reviews
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This content is based on user-submitted reports. Scammers may misuse the names, websites, and contact details of legitimate businesses. The mention of a business does not necessarily indicate its involvement in fraudulent activity.
Cash offer for my stock turned out to be a scam
The acceptance form said they would pay me $6,669.30 and that the check would be sent within seven business days after they heard from the transfer agent. I never got any check. Then Compushare, who handles my Principal shares, sent me a statement dated July 7th 2026 saying I don't hold any shares anymore. They were all transferred. But no check ever came.
So they took my shares and gave me nothing. Total scam.
Cash offer for my MetLife shares turned out to be nothing
Then in June I got another letter saying they got my 55 shares, valued at $2,431.00, and I'd get a check within ten business days. That never came. I've tried calling the number, (212) 523-0973, but it just says they have high call volume and to go to their website. I haven't done that because I saw a scam alert on Ecautious.com.
Worst part is they also asked for my Social Security number, said it was to "avoid backup withholding." So now they have that too.