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CB Business and Industrial Review of Public.com
Public.com

Public.com review: Brokerage services

J
Author of the review
1:25 pm EDT
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This review was chosen algorithmically as the most valued customer feedback.

I previously filed a complaint against Public.com.
Public.com responded numerous times with false and incorrect information, and provided no backup or proof of their claims. At issue was the spinoff of O shares to ONL shares for holders of record as of 11/2/2021. Public.com persistently claimed that the record date for receiving the shares and cash distribution was 11/15/2021, which was the date of the press release, NOT the record date. After providing proof of my ownership of O shares as of the record date, Public.com refused to acknowledge my claim was legitimate.

Today, Public.com has acknowledged via an email (attached) that the record date was NOT 11/15/2021, but rather 11/02/2021. This would entitle me to shares and cash dividends which Public.com has refused to pay. Perhaps a slip up on their part in admitting the truth, but the email from Public.com I received today is accurate with respect to the actual date - November 2, 2021.

Desired outcome: The cash value of the shares on the day they were awarded, plus the cash dividend for the partial shares owned, plus $5,000 in punitive damages for my loss of funds, filing inaccurate public records about me via the BBB website, etc.

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