FORT LAUDERDALE, FL -- (MARKET WIRE) -- 04/11/08 -- The Law Office of David R. Chase, P.A.(the "Firm"), headed by former Securities and Exchange CommissionProsecutor, David R. Chase, announces that it is investigating investorclaims for losses as against Charles Schwab Corporation ("Charles Schwab")in connection with its sale of certain ultra-short bond funds: includingthe Schwab YieldPlus Fund Investor Shares (NASDAQ: SWYPX) and the SchwabYieldPlus Fund - Select Shares (NASDAQ: SWYSX) (the "YieldPlus Funds").These funds have suffered significant losses. The Firm is investigatingwhether Charles Schwab misrepresented and/or failed to disclose toinvestors certain material facts about the YieldPlus Funds including, butnot limited to, their safety, risk level and composition.Class action lawsuits have been filed against Charles Schwab in the UnitedStates District Courts in California and Massachusetts concerning theYieldPlus Funds. However, investors who have suffered substantial lossesin the YieldPlus Funds should seriously consider pursuing their ownindividual arbitration claims as a potentially superior alternative tojoining a class action.
The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida,has extensive experience representing defrauded investors nationwide insecurities litigation matters. The Firm handles all claims involvingsecurities fraud, including stocks, options, auction rate securities, hedgefunds, mutual funds, promissory note schemes and collateralized mortgageobligations (CMOs). The principal, David R. Chase, is AV-Rated andpreviously served as Senior Counsel in the Enforcement Division of theSecurities and Exchange Commission. More about the firm is available onits website at: www.davidchaselaw.com.
If you suffered losses in the Schwab YieldPlus Funds and wish to discussyour legal rights, please contact:
David R. Chase, Esq.
Law Office of David R. Chase, P.A.
1700 East Las Olas Boulevard
Penthouse 2
Fort Lauderdale, FL 33301
888-337-8625 (Toll Free)
954-920-7779
Email: Email Contact
