Charles Schwab Yield Plus Fund

Charles Schwab Yield Plus Fund

Recent lawsuits against Charles Schwab regarding the Charles Schwab Yield Plus, allege that Charles Schwab and the funds' underwriter committed deliberately deceived investors about the inherent risk in the funds, which were packaged and sold as cash alternatives. In reality the Yield Plus funds were highly speculative and risky mortgage-related structured debt, according to the allegations.

The lawsuit also states that the funds' statements, included in their registration, didn't include required information and facts about the investments - most notably that the funds were highly vulnerable to becoming illiquid and that the net asset values were inflated and hhighly speculative.

If you were invested in Charles Schwab Yield Plus funds, it may be possible to regain some of your losses by filing a Charles Schwab Yield Plus lawsuit through securities fraud attorneys.