3.03.2024

Annoying

Nordnet vowed that they had found and fixed the error why the dividends from Oxford Lane Capital Corp. Preferred Stock Shares (OXLC) got stuck in the system.

As of February 2024, everything would work flawlessly. Obviously this was not true as both Avanza and Nordea have paid out the dividend from OXLC for February 2024 but not a single penny from Nordnet.

Nordnet will not make any payment until I or someone else with ownership in the company contacts them and asks them to troubleshoot. It is somewhat remarkable that a company like Nordnet does not fix the problem but just lets it continue month after month.

I saw on Shareville, which is Nordnet's chat forum, that there are more than us who are annoyed that Nordnet is not making more of an effort to solve this problem.

As long as it takes to build trust, it is destroyed just as quickly.

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