Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: mlc178 who wrote (4560)	4/30/2009 2:04:01 PM
From: Petz	of 4590

Did anyone here have Saifun stock that was converted to cash+Spansion? My emails to Spansion are being ignored & I need a phone number. Basically, the problem is that the $6.20/share of cash I got for each Saifun share should have been coded as a "non-dividend distribution" (box 3 or 8 on the 1099-DIV), but was instead coded as an "ordinary dividend." It was sent from Saifun, but since Saifun is now owned by Spansion, Spansion should correct it. To Etrade's discredit, they refuse to change their 1099-DIV to me unless they are told to do so by Saifun or Spansion. Anyone else have this problem? It's bad enough to lose money on an investment, but to then get taxed on the loss is maddening! Petz

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