Notice: Schwab YieldPlus Investors Must Act Quickly To File Independent Claims For Losses

Investors who invested into YieldPlus Funds issued by the Charles Schwab Corp. must take immediate action to avoid being limited in recovery to the amount obtained through a class action suit. Many with significant losses have been advised by attorneys to seek individual recovery in Securities Arbitration through the Financial Industry Regulatory Authority (FINRA). Those with smaller losses are being advised to remain in the class action.

Most investors who seek recovery of investment losses through private claims receive a greater portion of their losses than those who remain in class actions, even after paying expenses including legal fees. In some cases investors can recover many times the amount paid through class action settlements.

To file a private claim a YieldPlus investor must “opt out” of the class on or before December 28, 2009.This requires the investor to provide a written statement requesting exclusion from the Schwab YieldPlus class-action lawsuit, sign and date the request, include their mailing address and mail this information by the due date. It is highly recommended that this be done earlier than that date and on a form provided by the Administrator. Any flaw in the process can result in a failure to be eligible to proceed.

关于Schwab产量Plus资金的指控包括投资者被欺骗了资金中固有的风险，这些风险被包装并出售为现金替代品。取而代之的是，据称，收益率资金被投资于高风险抵押贷款和抵押衍生品。投资者还声称，资金的注册和披露声明省略了有关投资的重大信息和事实，包括投资是投机性的，流动性的，并且基础投资的价值被夸大了。Schwab否认了所有这些指控。