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. 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.

  2. 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.

  3. 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.

  4. 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.

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