An investigation for investors in The Charles Schwab Corporation (NYSE:SCHW) shares over potential securities laws violations by The Charles Schwab Corporation was announced.
San Diego, CA -- (SBWIRE) -- 07/20/2021 -- The Charles Schwab Corporation is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of The Charles Schwab Corporation (NYSE: SCHW), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by The Charles Schwab Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On July 2, 2021, The Charles Schwab Corporation 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.
Shares of the Charles Schwab Corporation (NYSE: SCHW) declined from $74.60 per share on June 29, 2021, to as low as $67.33 per share on July 8, 2021.
Those who purchased shares of The Charles Schwab Corporation (NYSE: SCHW) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.