Securities
Jul. 24, 2010
Another Securities Suit From Schwab
For the second time in a month, Charles Schwab Corp. has taken aim at a group of financial companies, accusing them of shady practices.
Daily Journal Staff Writer
SAN FRANCISCO - For the second time in a month, Charles Schwab Corp. has taken aim at a group of financial companies, accusing them of shady practices.
In the latest suit, filed July 15, Schwab claims brokers for BNP Paribas and 11 other securities dealers misrepresented the risk associated with nearly $1.4 billion in mortgage-backed securities they sold the company in the form of 37 ...
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