ATLANTA, Oct. 22, 2009 (GLOBE NEWSWIRE) -- On October 16, 2009, a Financial Industry Regulatory Authority (FINRA) arbitration panel awarded damages, including forum fees, against Charles Schwab & Company, Inc. The case is Printz v. Charles Schwab & Company, Inc., FINRA Case No. 09-01949. In another recent FINRA arbitration, on August 20, 2009, a FINRA arbitration panel also awarded close to 100% of the claim sought plus attorney's fees in another case Dunlap pursued, Bilger v. Charles Schwab & Company, FINRA Case No. 09-00243. The fund found subject to the awards in both cases was the Charles Schwab's YieldPlus Fund (SWYSX).
Firm principal Jim Dunlap commented on the awards saying, "The clients were pleased with the result in both cases." Charles Schwab was represented by Keesal, Young and Logan, of Long Beach, California.
James A. Dunlap Jr. & Associates LLC and affiliated attorneys have filed arbitration claims on behalf of other investors in the Schwab Bond Funds. The arbitration claims involve losses in the Charles Schwab YieldPlus Fund (SWYSX).
Specific information about the Charles Schwab fund claims can be reviewed at http://www.jamesdunlaplaw.com/cms.php?id=46.
If you lost $100,000 or more in the Charles Schwab Bond Funds, please contact James A. Dunlap Jr., Esquire, of James A. Dunlap Jr. & Associates LLC at 404-354-2363, for a free consultation. You may visit the firm's web site at http://www.jamesdunlaplaw.com.