9th U.S. Circuit Court of Appeals
Aug. 21, 2019
9th Circuit moves Schwab class action to arbitration, reversing district court
A federal appeals court ruled Tuesday Charles Schwab Corp. can move a proposed class action over alleged mismanagement of retirement funds into arbitration.
A federal appeals court ruled Charles Schwab Corp. can move a proposed class action over alleged mismanagement of retirement funds into arbitration.
In an unpublished opinion released Tuesday, the 9th U.S. Circuit Court of Appeals said U.S. District Judge Claudia Wilken of Oakland erred by refusing to compel arbitration of claims brought in a class action alleging violations of the Employee Retirement Income Security Act of 1974....
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