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: FinancialCounselSNSFE Issues Warning To Investors Who May Be Trapped In A Class Action Relating To Schwab YieldPlus Fund Select Shares And Schwab YieldPlus Investor Shares
By James Eccleston
SNSFE is issuing a warning to investors to beware of a pending class action concerning Schwab YieldPlus Fund Select Shares and the Schwab YieldPlus Investor Shares.
SNSFE is investigating those funds and the investigation centers on the allegations that Charles Schwab omitted or misrepresented important information to investors -- including the YieldPlus funds' safety, composition and risk level. Investors should beware of class actions as they often return only pennies-on-the-dollar.
Investors who have claims against Schwab should carefully weigh their options, including whether or not to participate in the class action or to file an individual arbitration claim. Those with information or questions should feel free to contact lawyers at SNSFE.
Full post as published by FinancialCounsel on May 22, 2008 (boomark / email).
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