Charles Schwab YieldPlus Fund Fraud
Investors have lost billions of dollars on this Charles Schwab Mutual Fund touted as a "nearly safe as cash" conservative alternative. Much has been reported recently on this investment debacle but Schwab investors be warned: Avoid the class action lawsuits. The fact is, most state Securities laws are more favorable to investors and provide for recovery of the following damages: actual losses, interest on those losses and attorney fees. The class action lawsuits all seek recovery under federal law. In most instances, we can present your claim in a manner that will maximize your recovery and obtain settlements significantly greater than what you would receive from a class action settlement.
Charles Schwab is trying to quickly brush these claims under the carpet by offering settlements to investors for pennies on the dollar. Don't take it! I will provide you with a FREE consultation and review of your particular claim. Schwab made many representations regarding this fund including that it was very safe and well diversified. These representations WERE NOT accurate. Let me demonstrate how I can help you recover your losses.
Please contact Robert Benbenek at the law firm of DeVoto & Benbenek to discuss your situation and schedule a free appointment. Our phone number is 314-961-0330 or toll free at (866) 961-0330. You can also reach me by email at rjbenben@devotobenbenek.com.
DeVoto & Benbenek, L.L.C.
7646 Watson Road
St. Louis, MO 63119
314-961-0330 (phone)
866-961-0330 (toll-free)
314-963-7754 (fax)