Etrade Corporate Office Headquarters

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Etrade Corporate Office Headquarters
E TRADE Financial Corporation
14th Floor, 1271 Avenue of the Americas
New York, NY 10020 USA
Website: http://etrade.com
Corporate Phone Number: 1-646-521-4300
Etrade Bank: 1-800-387-2331
Customer Service Number: 1-800-786-2575

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  1. ON Jan 20 the I intended to buy the security with the ticker "NWBO" which was trading @ .38 that day. I put an on line order for 16,000 shares for "NWBOW" which at the time was trading also for 0.38 cents. Since the amount of shares purchased matched my initial order request and the PRICE matched my order I DID NOT PICKED UP THAT I PURCHASED A WORTHLESS WARANT for an option to purchase the stock(NWBO) for $5 when the stock is trading $.38 /with the options expiring in Dec2017
    Who would buy such a security warrant or option unless someone makes an error?
    I realized my error the following business day when E*TRADE
    zeroed my account deeming the warrants worthless.
    The following day On Wed 24th they reinstated the worthless warrants in my account. (the original investment was for a total of $6000, 16,000 shares [email protected] /share
    executed on line on Fri 1/20 estimate 3PM Est.)
    Today I spoke again with an E*TRADE rep and he stated
    that if the security (in this case NWBOW) is no trading for a month the security is deemed worthless.
    MY problem is that this type of suckers bet security should have not been traded>I.e. as usually the warrants are much less expensive than the current stock price and the
    addition the ticker given for such warrants was very close to the traded stock inviting an unintended typing error as
    the one i.e. I just made
    I PURCHASED A WORTHLESS WARANT for an option to purchase the stock(NWBO) for $5 when the stock is trading $.38 /with the options expiring in Dec2017
    Who would buy such a security warrant or option unless someone makes an error?
    In conclusion as due to the deceptive trading nature of this security" NWBOW "I am asking for its removal from the active traded securities and reimbursement of my original investment of $6000
    Sincerely
    unhappy
    Ted W
    [email protected]

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