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Schwab's $235M YieldPlus Deal Gets Initial OK

By Erin Marie Daly ( November 30, 2010, 4:47 PM EST) -- Charles Schwab Corp. revealed Tuesday that a federal judge had granted preliminary approval to a $235 million settlement that would lay to rest a consolidated class action claiming the brokerage firm fraudulently mismanaged its YieldPlus ultrashort bond fund....

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