NYSE: SCHW | Charles Schwab Securities Fraud Investigation
Shamis Gentile, a corporate securities fraud law firm, is investigating claims on behalf of investors of The Charles Schwab Corporation (“Charles Schwab” or the “Company”) (NYSE: SCHW). Such investors are advised to contact attorney Andrew Shamis at [email protected] or 305-479-2299.
If you purchased Charles Schwab NYSE:SCHW shares and would like to join the action, please contact us immediately! All we need to see is proof of you owning at least 1 share of Charles Schwab stock and we can get started. The process is extremely easy and can be done from your phone at your home. Just send us an email us a screenshot showing you own stock in Charles Schwab, and we can get started! It’s that simple!
Charles Schwab Investors Press Release
Shamis Gentile Encourages SCHW Charles Schwab Investors to Secure Counsel
WHY: Shamis Gentile, a corporate securities fraud law firm, announces the investigation that concerns whether Charles Schwab and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
WHAT: If you purchased Charles Schwab shares during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the SCHW Charles Schwab securities class action, please contact Andrew J. Shamis, Esq. at 305-479-2299 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On July 2, 2021, Charles Schwab disclosed in a filing with the U.S. Securities and Exchange Commission (“SEC”) that the Company “has been responding to an investigation by the [SEC] arising from a compliance examination” and that “[t]he investigation largely concerns historic disclosures related to the Schwab Intelligent Portfolios® (SIP) digital advisory solution.” Accordingly, Charles Schwab disclosed that “[g]iven the investigation’s status, Schwab’s second quarter 2021 financial results will include a liability and related non-deductible charge of $200 million.”
On this news, Charles Schwab’s stock price fell $2.03 per share, or 2.79%, to close at $70.77 per share on July 6, 2021, the next trading day.
WHY SHAMIS GENTILE LAW: Shamis & Gentile, P.A. is dedicated in helping misled shareholders recover damages caused by corporate fraud and other misconduct. Our securities attorneys have a wealth of knowledge and experience handling complex litigation cases and achieving significant victories and settlements for clients (over 500 million recovered and counting). In addition to our experience litigating securities cases, our attorneys have been routinely certified class counsel throughout the country where our firm has gained a reputation of one that litigates the right way and achieves large monetary settlements. Our team comes from diverse and unique backgrounds, making us equipped to bring the fight anytime and anywhere on behalf of our clients.
Contact Information:
Andrew J. Shamis, Esq.
Shamis & Gentile, P.A.
Miami Headquarters
14 NE 1st Ave, Suite 705,
Miami, FL 33132
Tel: 305-479-2299
Fax: 786-623-0915
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