Corrente et al v. The Charles Schwab Corporation

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Case overview

Case Number:

4:22-cv-00470

Court:

Texas Eastern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action

Judge:

Amos L Mazzant

Firms

Companies

Sectors & Industries:

  1. August 15, 2025

    Schwab Defends Antitrust Settlement From Iowa AG Objection

    The Charles Schwab Corp. has pushed back on objections raised by the Iowa attorney general and others to an investor class action settlement over its merger with TD Ameritrade, saying its plan to implement an antitrust compliance program, among other things, "offers real value to the class." 

  2. July 30, 2025

    Iowa Slams Schwab's 'Amorphous' Antitrust Compliance Deal

    The state of Iowa is among a slew of objectors to a settlement calling for Charles Schwab Corp. to implement an antitrust compliance program to resolve an investor class action stemming from its merger with TD Ameritrade, arguing the deal is unfair and completely fails to remedy the investors' harm.

  3. February 20, 2025

    Schwab Antitrust Settlement With Investors Gets Initial OK

    A Texas federal judge has granted the first green light to a settlement calling for Charles Schwab Corp. to implement an antitrust compliance program designed by an independent consultant, resolving a class of retail investors' claims they had to pay increased transaction costs for trades following the Schwab-TD Ameritrade merger in 2020.

  4. February 05, 2025

    Schwab To Add Oversight To End TD Ameritrade Buy Suit

    The Charles Schwab Corp. has agreed to implement an antitrust compliance program designed by an independent consultant in order to settle claims from a proposed class of retail investors who alleged they were forced to pay increased transaction costs for trades following the Schwab-TD Ameritrade merger in 2020.

  5. September 30, 2024

    Schwab Nears Deal In Antitrust Suit Over TD Ameritrade Buy

    Charles Schwab Corp. has reached "an agreement in principle" with retail investors who filed a proposed class action alleging increased transaction costs for trades and other antitrust injury following the Schwab-TD Ameritrade merger, the parties told a Texas federal judge Friday.

  6. February 27, 2023

    Charles Schwab To Face Merger Retail Trade Antitrust Suit

    A Texas federal court has rejected a bid from The Charles Schwab Corp. to toss a proposed class action, ruling that the retail investors bringing the suit have shown an antitrust injury through their allegations that they now pay higher transaction costs for their trades following the Schwab-TD Ameritrade merger.