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Judge Nixes Northstar Claims Over Schwab Bond Fund

By Pete Brush ( February 24, 2016, 3:51 PM EST) -- A California federal judge on Tuesday dismissed Northstar Financial Advisors Inc. 's would-be class action claiming Charles Schwab Corp. stepped outside of its own guidelines to make risky bond-fund bets, closing the case after finding breach of fiduciary duty claims left in the lengthy litigation are precluded under federal law. . . .

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