As legal challenges continue over Charles Schwabs requirement that clients waive their right to file class action lawsuits, the brokerage firm has decided to temporarily lift the lawsuit restriction.
Charles Schwab Corp. has agreed to pay $119 million to settle a government criminal probe over misleading investors about their Schawab YieldPlus Funds.
A $235 million dollar proposed settlement for the Schwab YieldPlus Fund class action lawsuit has been resurrected, after the investment firm backed out of the deal last month. However, investors…
Charles Schwab has announced that it is backing out of a proposed $235 million settlement agreement previously reached in a class action lawsuit over losses suffered by investors in the…
Charles Schwab Corp. has agreed to pay investors $200 million to settle a YieldPlus Fund class action lawsuit over losses their bond fund suffered as a result of the subprime…
Charles Schwab could face close to $1 billion in damages and settlements stemming from securities fraud lawsuits over their Schwab YieldPlus bond fund.
The U.S. Securities and Exchange Commission (SEC) has warned Charles Schwab Corp. that it could face a regulatory lawsuit over its handling of the Schwab YieldPlus Fund and Schwab Total…
A federal court overseeing the Charles Schwab YieldPlus class action lawsuit has set a deadline of December 28, 2009, for members of the class to opt-out and pursue their own…
An arbitration panel through the Financial Industry Regulatory Authority (FINRA) has ruled against Charles Schwab, ordering the firm to pay a family 125% of their out-of-pocket investment loss as a…
An arbitration panel through the Financial Industry Regulatory Authority (FINRA) has ruled in favor of a pair of investors who filed a fraud claim against Charles Schwab to recover losses…
