Schwab Yield Plus Investigation Continues – Investors Advised to Consider All Legal Options

BEVERLY HILLS, Calif., May 28, 2008 (Lawfuel) — Investigation
by the securities law firm of Aidikoff, Uhl & Bakhtiari continues into
investment giant Charles Schwab (SCHW) regarding the recent collapse of
its Schwab YieldPlus Fund Select Shares (SWYSX) and the Schwab
YieldPlus Investor Shares (SWYPX) (the “YieldPlus Funds”).

The investigation centers on the allegations that Charles Schwab
omitted or misrepresented important information to investors including
the YieldPlus funds safety, composition and risk level.

The brokers who sold the Schwab Yield Plus fund are not targets of
investor claims, according to the investors’ legal team
( which includes the firms of Aidikoff, Uhl &
Bakhtiari, of Beverly Hills, Calif.; Maddox, Hargett & Caruso, P.C., of
Indianapolis, Ind. and New York, N.Y.; Page Perry, LLC, of Atlanta,
Ga.; and David P. Meyer & Associates Co., L.P.A., of Columbus, Ohio.

“Investors should be aware of the pending class action,” said attorney
Ryan K. Bakhtiari of Aidikoff, Uhl & Bakhtiari. “The class case has
certain pitfalls that investors need to be aware of in selecting an
attorney. Most investors will fare better by filing individual

Important Facts to Consider Prior to Joining A Schwab Yield Plus Class

– The pending Schwab Yield Plus class action Class Period is March 17,
2005 to March 17, 2008. Investors who made purchases prior to March 17,
2005 are not represented and will have no right to recovery in the
Class Action.

– In the case of Schwab Yield Plus losses, many investors sought safe,
liquid, cash investments but were sold a product that was, in reality,
much different. Such investors will have viable claims based on the
investment’s unsuitability. Because a suitability claim is dependent on
an individual’s circumstances, this claim cannot be prosecuted on a
class wide basis.

– Investors with significant losses are unlikely ever to be made whole
in a Class Action. Class action representation may be attractive where
individual losses are small so that any one investor may not have an
economic interest in pursuing the case. However, investors who have
lost more than $20,000 should strongly consider pursuing their rights
on an individual basis.

– Class actions are filed by attorneys seeking to represent all
investors who have suffered a common wrong or purchased the same
investment. Classes in securities cases are typically represented by
the investor with the largest claim at stake. This often means that
state pension funds or institutional investors will choose the
attorneys and will be the ones who work on the strategy of the case.
The interests of the class representative may not always be aligned
with your interest; a specific example of this potential conflict is
the inability to pursue suitability claims.

– Class actions sometimes create hurdles to recovery for individual
investors including depositions and motion practice which are generally
not permitted in securities disputes decided before FINRA. The FINRA
arbitration process can be completed in approximately 12 months,
recovery through a Schwab Yield Plus class action may take several

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