June 03, 2011
Charles Schwab & Co. Inc. struck a $1.95 million settlement in South Carolina on Friday with a class of investors who accused the investment firm of enabling Ponzi schemer Albert Parish to obtain money from their retirement accounts through his investment vehicle Battery Wealth Management Inc.
September 21, 2010
A federal judge on Tuesday gave an initial green light to Charles Schwab & Co.’s nearly $5.7 million settlement that would resolve claims by a subclass of investors who accused the investment firm of enabling Ponzi schemer Albert Parish to obtain money from their retirement accounts through his investment vehicle Battery Wealth Management Inc.
December 10, 2009
A federal judge has granted class certification to a group of investors who are accusing Charles Schwab & Co. Inc. of enabling Ponzi schemer Albert Parish to obtain money from their retirement accounts through his investment vehicle Battery Wealth Management Inc.