9th Circ. Upholds Toss Of Schwab Class Suit Citing SLUSA

By Dunstan Prial (January 5, 2018, 8:35 PM EST) -- A Ninth Circuit panel has upheld a ruling by a California federal judge last year dismissing two putative class action suits alleging retail broker Charles Schwab violated its duty to customers by sending certain securities orders to UBS Securities rather than seek the best possible venue for their trades, affirming the lower court lacked subject matter jurisdiction....

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