August 28, 2024

Mary Loughran et al v. The Charles Schwab Corporation et al

Track this case

Case Number:

2:24-cv-07344

Court:

California Central

Nature of Suit:

Contract: Other

Multi Party Litigation:

Class Action

Judge:

Fernando L. Aenlle-Rocha

Firms

Companies

Sectors & Industries:

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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.


Coverage

  1. August 29, 2024

    Schwab's 'Cash Sweep' Paid For TD Ameritrade Buy, Suit Says

    The Charles Schwab Corp. has been hit with a proposed class action in California federal court by three customers alleging that the investment bank obtains "outsized benefits" from its cash sweep programs and used a significant amount of the cash to finance its $26 billion acquisition of TD Ameritrade Holding Corp. several years ago.


Parties

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