MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Charles Schwab Scores In Legal Fight Over 401(k) Plans

TedTed
in The Bullpen
FYI: Charles Schwab notched a big court victory on Tuesday in a case that may reverberate through the retirement-plan industry.

A federal appeals court panel ruled that Schwab (ticker: SCHW) could use arbitration to settle individual claims against it over its 401(k) retirement plan, rather than facing a proposed class-action lawsuit. A district court had ruled against arbitration, but the appellate decision blocks the class action from proceeding.
Regards,
Ted
https://www.barrons.com/articles/charles-schwab-scores-in-legal-fight-over-401-k-plans-arbitration-class-action-51566407660?mod=djem_b_Weekly barrons_daily_newsletter
Sign In or Register to comment.