11.   The exodus has left many shareholders wondering just who is running their funds.

12.   The government sold the assets of Franklin to Bank of America, leaving shareholders with apparently worthless stock certificates.

13.   The proposed offer was in the form of a stock swap and would have left Apple shareholders with stock in the combined company.

14.   The stock had slumped on concern small shareholders would be left with untradeable lots.

15.   Their current shareholders are left with little or nothing.

16.   Alba Bul was the fourth Varna fund this week to stop paying dividends and close, leaving its shareholders in a panic.

17.   Gotham has made an offer that would leave shareholders in full control.

18.   Now, shareholders could be left with worthless stock.

19.   The terms of the bankruptcy would leave current shareholders holding worthless stock.

20.   The payment of dividends left shareholders with a loss of six cents per share in the October-December period, the company said.