U.S. Securities and Exchange Commission v Pearson and Illinois Stock Transfer Co.

Welcome to the Illinois Stock Transfer Company & Robert G. Pearson Receivership website.

U.S. Securities and Exchange Commission v Pearson and Illinois Stock Transfer Co.
U.S. District Court Northern Districk of Illinois
14 CV 3785

On October 31, 2014, a Plan of Liquidation was filed with the District Court addressing claims and other matters affecting the receivership estates. To view this document, please go to the Court Docs tab.

On May 22, 2014, the Securities and Exchange Commission (the “SEC”) filed a complaint against Robert G. Pearson (“Pearson”) and the Illinois Stock Transfer Company (d/b/a IST Shareholder Services) (“IST”) in the United States District Court for the Northern District of Illinois (the “District Court”), Case No. 14 CV 3785 (the “District Court Action”). Jill L. Nicholson (the “Receiver”) has been appointed the receiver for both IST and Pearson.

On June 12, 2014, an Asset Purchase Agreement with American Stock Transfer Company a/k/a AST was consummated. Pursuant to the Asset Purchase Agreement, IST’s accounts were transferred to AST.

PLEASE NOTE that IST is no longer accepting or processing transactions, and IST will no longer be conducting business after June 23, 2014.

Please do not send mail or correspondence to IST’s address in Wheaton, Illinois. Instead, all communications regarding the receivership or claims against the receivership estates of IST and/or Pearson should be addressed to:

Jill Nicholson, Receiver for Illinois Stock Transfer Company and Robert G. Pearson
540 North Dearborn Street
PO Box 10351
Chicago, IL 60610

Please note that this website will be utilized to provide additional information and updates to parties who may have sustained losses in connection with IST and/or Pearson.

Parties who believe they may have sustained losses should submit a request for a claim form to istreceiver@foley.com by providing their name, address, phone number, and email address. Please note that such parties will receive a claim form once the claim form becomes available at a later date.

Please also note that a Plan of Distribution will be filed with the District Court addressing claims and other matters affecting the receivership estates at a later date.

Should you have additional questions, please contact the Receiver at the address above.