Walmart Shareholder Services To access your holdings in Wal- Mart being blocked!
Angelus Vitae I learned an interesting fact.... Anyone who's got shares try selling them! I got told my accounts locked because I accessed it to many times. I have never in two years touched them. So your telling me your have Walmart Stocks and you tried to sell and you were blocked?
Angelus Vitae I learned an interesting fact.... Anyone who's got shares try selling them! I got told my accounts locked because I accessed it to many times. I have never in two years touched them. So your telling me your have Walmart Stocks and you tried to sell and you were blocked?
Welcome to Walmart Shareholder Services
To access your holdings in Wal-Mart Stores, Inc., please select from the options below: | |||
![]() ASPP Associate Stock Purchase Plan | ASDA Colleague Plans | ![]() EQUITY Stock Options, RSRs, PSPs
(Only if you hold shares at
Computershare) | ![]() DSPP Direct Stock Purchase Plan |
Be alert! Securing your financial data is important. Avoid using public computers to conduct financial transactions, and never respond to an email asking for personal information such as SSN/SIN, account number, or passwords – Computershare will never ask for confidential information via email. Use unique security details, and regularly monitor all your accounts and credit report for suspicious activity.
Computershare - the leading global stock transfer agent and shareholder services provider - is Walmart's stock transfer agent and employee plans administrator.
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SATURDAY, SEPTEMBER 13, 2014
Walmart ASPP / Computershare Fee Warning
This Next section is shared from:
http://itsnotsamswalmart.blogspot.ca/2014/09/walmart-aspp-computershare-fee-warning.html?m=1
Walmart ASPP / Computershare Fee Warning
12 September 2013
Copyright © 2014 – It’s Not Sam’s Walmart…..Anymore! & RightTurnMedia2014
Are you a former Walmart or Sam’s Club employee that participated in the Walmart Stores inc.,
Associate Stock Purchase Program (ASPP)?
If you participated in the program, and have kept your shares in the Walmart Stores Inc.,
Associate Stock Purchase Program (ASSP) after separation, you are in for a fee shock.
Computershare, the program’s administrator/trustee, asses a fee on all former employees/associates
who retain shares purchased during their employment in the Walmart Stores Inc., Associate Stock
Purchase Program of $35.00 annually. This fee is deducted in the first quarter, by liquidating
enough stock to cover the fee.
It costs very little for Computershare and other such companies that act as trustee, to maintain an
account, especially considering the fact this program only sends out statements twice a year.
Computershare is simply fee farming at the expense of former Walmart and Sam’s Club
employees who are unaware of this fee after separating from the company.
Computershare can hide behind the fact that “There is an explanation of the maintenance fee
on the back of the Associate Stock Purchase Plan statement as well as the Associate Handbook”
Most states require that any fees an employer assesses on Stock Purchase Plan or 401K Plan
accounts must be disclosed in the prospectus or plan materials, in writing, not electronically.
Additionally, when an employee separates employment, the employee must be notified by mail
of any fees on such accounts if they chose to retain them, or their options to transfer or liquidate
the holdings, along with potential costs of such.
Fee farming by trustees in Employee Stock Purchase Programs, or 401K Programs is at an all
time high, due to the fact these companies are attempting to hide behind their “electronic
disclosures” listed in employee handbooks or elsewhere.
Additionally, Computershare notes that “by signing up for the Associate Stock Purchase
Program, you agreed to the terms and conditions of the Plan as explained in the Associate
Handbook”.
Likewise successful litigation has been brought against such companies and their investment
trustees.
If you are a former Walmart or Sam’s Club employee and still have investments in either the
Walmart Stores Inc., Associate Stock Purchase Program (ASPP) and/or the Walmart Stores Inc.,
401K program, be aware you are paying charges, some excessive, for keeping your investments
in these programs.
If you have been charged this $35.00 fee by Computershare, you are more than welcome to send
a complaint email to walmart@computershare.com
No, you will receive the same form reply that we here at It’s Not Sam’s Walmart…..Anymore
received, but it will let them know there are a number of former Walmart & Sam’s Club
employees out there that are upset over the $35.00 per year fee.
If you know a former Walmart or Sam’s Club employee that may have investments in either the
Walmart Stores Inc., Associate Stock Purchase Program (ASPP), and/or the Walmart Stores Inc.,
401k Program, please share this article with them.
Last, but not least, “It’s Not Sam’s Walmart…….Anymore” is interested in speaking with a law firm
with experience in such litigation. Numerous former Walmart & Sam’s Club employees are being
saddled with excessive fees for keeping investments in the Walmart Stores Inc., Associate Stock
Purchase Program, and Walmart 401k programs. Interested attorney’s should contact us
at itsnotsamswalmart@gmail.com, we ask that for credentials and history in litigating such cases.










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