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…
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…
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…
An investor who lost money in the Schwab YieldPlus fund was awarded $542,340 as part of an arbitration claim filed against his broker.
A class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts on behalf of investors who held shares in Wachovia’s Evergreen Ultra Short Opportunities…
