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Personal Injury & Torts

Apr. 21, 2011

Schwab Settlement Gets Final Approval

A federal judge granted final approval Tuesday to a pair of settlements in litigation against the Charles Schwab Corp. over its YieldPlus Fund's investments in mortgage-backed securities.


By Rebecca Beyer


Daily Journal Staff Writer


SAN FRANCISCO - A federal judge granted final approval Tuesday to a pair of settlements in litigation against the Charles Schwab Corp. over its YieldPlus Fund's investments in mortgage-backed securities. Last spring, Schwab agreed to a $200 million settlement for a class of non-California investors suing under federal law and a $35 million settlement for a class of California investors suing under Californ...

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