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Schwab Can’t Ditch ERISA Duty Claims, Participants Say

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Schwab Can’t Ditch ERISA Duty Claims, Participants Say

Schwab Can’t Ditch ERISA Duty Claims, Participants Say

The plan participant leading a proposed Employee Retirement Income Security Act class action against Charles Schwab & Co. Inc. urged a California federal judge not to toss his breach of fiduciary and monitoring duty claims, arguing that his new pleadings showed the company engaged in flawed decision-making over the funds.

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