Colling, Gilbert, Wright & Carter Securites Fraud

A recent Bloomberg article indicates Charles Schwab & Co. may end up paying $260 million or a half-quarter's profit to save face with some the firm's Schwab YieldPlus mutual fund clients. While the firm is not offering settlements to all investors (retirees and less sophisticated investors appear to get preference), the company is apparently trying to earn back some of the good will lost with the YieldPlus' stunning losses over the past several months.

Although Schwab is offering some fund holders settlements, the amounts typically are a small fraction of most investor losses. The Attorneys at Colling Gilbert Wright & Carter believe you should know all your options for recovery before settling with Schwab and signing away any future rights you may have. Please contact us for a free case evaluation.