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Administrative/Regulatory

Mar. 22, 2008

Charles Schwab Sued Over 'False' Statements

A representative of hundreds of proposed class members filed suit in San Francisco federal court Tuesday against The Charles Schwab Corp. claiming the company misrepresented the extent of its concentration in the subprime market.

By Rebecca Beyer
Daily Journal Staff Writer
This article appears on Page 4

      SAN FRANCISCO - A representative of hundreds of proposed class members filed suit in San Francisco federal court Tuesday against The Charles Schwab Corp. claiming the company misrepresented the extent of its concentration in the subprime market.
      According to the suit, San Francisco-based Schwab issued "false...

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