Schwab sued over securities

Source: NY AG to sue Schwab over securities sales
New York Attorney General Andrew Cuomo is preparing to sue Charles Schwab, claiming the brokerage firm misled customers about the safety of auction-rate securities, according to a person...

Report: Schwab may face civil fraud charges
New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities, is likely to file a lawsuit against Charles Schwab Corp. for civil fraud.

New York AG sues FedEx unit over contractor issue
New York Attorney General Andrew Cuomo is suing Federal Express' ground package delivery unit, alleging its classification of drivers as independent contractors illegally deprives them of...

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