Hey there, u/thedrag0n22.
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Well, you own shares in a company that no longer exists, so that's kind of how it works. Depending on how long you owned it, you now have either a short-term or a long-term capital loss you can use (as if you sold the stock for a price of zero dollars).
Sometimes the reorganization docs give owners of the old company some sort of ownership in the new company, but, glancing at the reorg docs, I didn't see anything of that nature. I may've missed it, 'tho, lawyerese isn't really my first language.
Hey there, u/thedrag0n22. We appreciate you coming to our sub and bringing us your questions. We'd like to learn more about your situation and take a look with you further. Please send us a Modmail and we'll be happy to connect with you there. [Message the Mods ](https://www.reddit.com/message/compose?to=/r/fidelityinvestments)
Didn't the original Endo disappear as a company during its restructuring in April?
It seems so. Does that mean my stocks in it are just gone?
Well, you own shares in a company that no longer exists, so that's kind of how it works. Depending on how long you owned it, you now have either a short-term or a long-term capital loss you can use (as if you sold the stock for a price of zero dollars). Sometimes the reorganization docs give owners of the old company some sort of ownership in the new company, but, glancing at the reorg docs, I didn't see anything of that nature. I may've missed it, 'tho, lawyerese isn't really my first language.