Pearson, Simon & Warshaw, LLP has been appointed Class Counsel in a
settlement valued at $2,659,200 with Charles Schwab & Co., Inc. The
Court granted preliminary approval to the class action settlement which
will provide a cash payment of up to $30 each to persons and/or entities
who had Schwab, Schwab One, and/or Schwab Access accounts with Charles
Schwab & Co., Inc. and who were charged a fee for transferring assets
away from their Schwab account between June 1, 2002 and May 31, 2003 and
who did not receive a waiver or a refund of the transfer fee from Schwab
or any other financial institution.
All claim forms must be postmarked and sent to the Claims Administrator
is no later than
August 21, 2006.
If you have not received a copy of the class notice or claim form, please
call the Claims Administrator, toll free at