Press release
Investigation announced for Long-Term Investors in shares of the Charles Schwab Corporation (NYSE: SCHW)
An investigation on behalf of investors in The Charles Schwab Corporation (NYSE: SCHW) shares over potential wrongdoing.
Investors who purchased shares of The Charles Schwab Corporation (NYSE: SCHW) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain The Charles Schwab directors breached their fiduciary duties and caused damage to the company and its shareholders.
On July 2, 2021, The Charles Schwab Corporation said it will take a $200 million charge in the second quarter related to a U.S. Securities and Exchange Commission probe of its robo-adviser platform. The compliance inquiry relates to past disclosures around the firm’s Schwab Intelligent Portfolios product.
Shares of the Charles Schwab Corporation (NYSE: SCHW) declined from $74.60 per share on June 29, 2021, to as low as $67.33 per share on July 8, 2021.
Those who purchased shares of The Charles Schwab Corporation (NYSE: SCHW) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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