What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Successful Resolution of Schwab Cases     30-Sep-09 07:27 pm    
Napoli Bern Ripka LLP is investigating Charles Schwab & Co. for engaging in fraud. Schwab managers misrepresented the Schwab YieldPlus Funds (SWYSX and SWYPX) as similar to money market funds and suitable for investors seeking a conservative investment with low volatility.
In reality, these funds had high concentrations in risky and mostly illiquid mortgage backed securities, which exposed investors to the risk of substantial losses of principal.
Napoli Bern has filed over a dozen arbitrations on behalf of individual investors who have suffered losses as a result of Charles Schwab’s fraud.
If you invested in YieldPlus Funds and you lost money, we can help. Contact us at 888-529-4669.
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

adamgana@ro...


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Successful Resolution of Schwab Cases
adamgana@ro... Not rated 30-Sep-09 07:27 pm  
 
ADVERTISING FROM A LAW FIRM. Spam is still spam...
still_my_di... Rate it 5-Oct-09 05:52 pm  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Schwab YieldPlus (SWYSX)

Chart for Schwab YieldPlus (SWYSX)
On Dec 8: 4.83 0.00 (0.00%)
Symbol Lookup