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PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

SCHW Alert: Johnson Fistel Launches Investigation into Charles Schwab - Investors Encouraged to ...

July 6, 2021 GMT

SAN DIEGO, July 06, 2021 (GLOBE NEWSWIRE) -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against The Charles Schwab Corporation (NYSE: SCHW) (“Charles Schwab” or the “Company”) for violations of federal securities laws and potentially related corporate mismanagement.

On July 2, 2021, Charles Schwab 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.

Following this news, on July 6, 2021, in late morning trading, Charles Schwab stock was trading down over 2%.

If you have information that could assist in this investigation, or if you are a Charles Schwab shareholder and are interested in learning more about the investigation, please contact Jim Baker ( jimb@johnsonfistel.com ) at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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