February 11, 2019
A participant in a Charles Schwab Corp. 401(k) plan can move forward with a breach of fiduciary duty claim alleging that the company flouted its procedures when replacing a plan fund, a California federal judge has ruled.
December 17, 2018
The plan participant leading a proposed Employee Retirement Income Security Act class action against Charles Schwab & Co. Inc. urged a California federal judge not to toss his breach of fiduciary and monitoring duty claims, arguing that his new pleadings showed the company engaged in flawed decision-making over the funds.
November 09, 2018
Charles Schwab & Co. Inc. told a California federal judge that the participant leading a proposed Employee Retirement Income Security Act class action against the company failed to remedy deficiencies in his breach of fiduciary and monitoring duty allegations, urging the judge to again toss the claims.
September 21, 2018
A California federal judge has trimmed fiduciary duty and failure to monitor claims from a proposed class of plan participants accusing Charles Schwab & Co. Inc. of mismanaging its retirement savings and investment plan, but allowed prohibited transaction claims against the company to proceed.
January 26, 2018
There's been plenty of action recently in federal courts recently that employment lawyers may have missed, including a judge temporarily freezing a New York City law that forces fast-food businesses to forward workers' voluntary paycheck deductions to nonprofits and Charles Schwab losing its bid to compel arbitration in a class action alleging it mishandled an employee retirement plan. Here, Law360 looks at four noteworthy developments that could have slipped through the cracks.