Shareholders Sue Reserve Primary Fund

I need in this lawsuit also

I lost money I had saved... I was told it was safe.. I asked about FDIC and I was told it was safer.

Paul D of FL @ Mar 25, 2009 15:14:07 PM

Shame on you TD Ameritrade

When TD Waterhouse and Ameritrade merged. TD Ameritrade took the money I had in a money market account and moved it to a non interest bearing account without my knowledge. I didn't realize this until I received my quarterly statement. That is 3 months without interest. When I called them and asked them to put the money that was in a money market account back into a money market account they told me that RYPQX is where I should put my money. I explained that I live pay check to pay check and need to make sure that the money is safe and easily accessible. I asked for documentation on this account and they swore up and down that this was like a money market account. And that there was no documentation since this is a new account. I needed to understand this better, since I am a very conservative person with very little money. I was assured that it was the new money market account since they merged. You have my life savings and you can't even provide me with my tax documentation in a timely manner. I require my tax refund to pay my property tax. Shame on you TD Ameritrade. And now I found out that I will not recive any interest on the money that is on hold in the RYPQX if I am even lucky to ever see it. Shame on you TD Ameritrade. You are honestly the worst company in the world. I WANT IN ON THE LAWSUITE.

JLG of CA @ Feb 08, 2009 23:22:16 PM

Latest??

Its been awhile since the last post here. Would someone please direct to where I can become part of the suit. Are there different suits, some better than others? thank you much.

concerned investor of OH @ Feb 05, 2009 23:47:52 PM

reserve primary pecadillos

As of Dec 24 the Reserve informs us that they are going to

appropriate a lot of our money for a "special fund" to finance

the legal costs of all the millionaires who were so careless

with it. Should we have to put up with this? They informed

that future distributions would only be made up to the amount

of the special fund. They still owe us 20% of our money, & we've got no interest on a large sum since mid-Sept. I'd like

to hear from a lawyer on this.

Gertrude of TX @ Dec 30, 2008 15:23:58 PM

Reserve Primary l Fund

Hello, Today is Tuesday, Oct 21st and I have been reading the daily Reserve updates. I recently retired and put my life savings in this account because the Ameritrade local FL office highly recommenjded it. She told me it was insured three different ways and it was totally safe. She led me to believe it was a "in house" money mart. NOT a money mart fund. It is obvious that the Reserve is buying time by giving us very little information. The daily updates are a joke. Please!!! If you have any information, send me an email at surattr@bellsouth.net.

Thank you very much and good luck.

Richard Suratt of FL @ Oct 21, 2008 01:33:16 AM

RESERVE PRIMARY FUND

I called my invetment advisor at Securities America as soon as I heard the news of Lehman. He assured me the the Primary Reserve Fund had no funds in Lehman. He assured me I was safe. Obviouosly my money is frozen. What recourse do I have?

william smith of PA @ Oct 17, 2008 18:15:40 PM

THE RESERVE G EUND

yes i have all of my money in the r gov fund 1 million pluss it 3 generations of

assets. plus 1 million of margin @7%

DAN of OH @ Oct 10, 2008 00:21:37 AM

Furious

I am furious about all of this. I really don't know how much I will be losing on this, but I would like to know. And I do want to be part of any class action suit against them.

Rebecca Richman of FL @ Oct 08, 2008 17:48:33 PM