niche
Verified member
A listed company is refusing to reply to shareholders who have not received their dividend. The company secretary was sent an email, and the mail is marked as delivered. Instead the company is publishing a list of shareholders with unclaimed dividends on its website, when it has never attempted to send the dividend to some shareholders. What action can small shareholders take against listed companies which claim that they have sent dividends to increase the share price, yet have no proof that the dividend was delivered to the shareholder?