Given how loopy SovCits are, it wouldn’t be impossible that the husband told the spouse that they couldn’t sell, just so the spouse wouldn’t dump the stock and do something stupid with the money, like committing financial fraud. Normally that would be a good idea. But if the company is now bankrupt, then holding the stock puts them on the hook for the taxes.
Yeah, that was where my mind was going to.
Given how loopy SovCits are, it wouldn’t be impossible that the husband told the spouse that they couldn’t sell, just so the spouse wouldn’t dump the stock and do something stupid with the money, like committing financial fraud. Normally that would be a good idea. But if the company is now bankrupt, then holding the stock puts them on the hook for the taxes.
I hadn’t considered willful stupidity/ misleading by the husband. That does seem very within the realm of possibility with these types.