New York Attorney General Andrew Cuomo filed a lawsuit against Charles Schwab Corp. on Monday, accusing the brokerage firm of defrauding customers by misrepresenting the level of risk associated with…
A new research report cites a heavy reliance on private-label mortgages for the huge Charles Schwab Yield Plus losses suffered by investors who held shares in what they thought was…
An arbitration panel through the Financial Industry Regulatory Authority (FINRA) awarded an investor $30.6 million in compensatory damages and $9.2 million in interest against Merrill Lynch as a result of…
Arbitration panels through the Financial Industry Regulatory Authority (FINRA) have returned awards totaling more than $600,000 in six claims brought by investors to recover Morgan Keegan losses that were allegedly…
According to the latest figures from the Financial Industry Regulatory Authority (FINRA), through October 2008, investment arbitration claims are up 49% from 2007. In addition, during the first 10 months…
An investor who lost money in the Schwab YieldPlus fund was awarded $542,340 as part of an arbitration claim filed against his broker.
