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Wednesday, April 23, 2025

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Schwab Sues FINRA

SAN FRANCISCO – Charles Schwab & Co. claims the Financial Industry Regulatory Authority can’t sanction it for its class action waiver in customer arbitration agreements, because of the U.S. Supreme Court rulings in AT&T Mobility v Concepcion (2011) and Compucredit Corp. v Greenwood (2012).

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