(888) 637-5510

Written by 8:11 am Blog, Securities Fraud Articles

Recovery of Schwab YieldPlus Investment Losses

The White Law Group is investigating securities fraud claims involving the ultra-short bond funds Schwab YieldPlus (SWYPX) and Schwab YieldPlus Select (SWYSX). Based on our investigation, it appears that these funds were marketed as conservative and an alternative to money-market funds to retirees and other investors.

Unfortunately, these investments were not the well-diversified, safe funds that Schwab was alleged to have represented to its customers. Rather, the funds were heavily invested in risky subprime mortgage-backed securities and risky collateral debt obligations.
The Schwab YieldPlus Fund has lost more than 40% of its value, making it one of the worst-performing ultra-short bond funds.

If you have suffered investment losses in Schwab YieldPlus, The White Law Group may be able to help.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions.

For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , Last modified: July 17, 2015