U.S. District Judge Rita Lin of the Northern District of California found that despite amending the case twice, the shareholder—Reynolds Family Revocable Trust—hadn’t sufficiently alleged that Charles Schwab directors were aware of the alleged issues with the robo-adviser program, much less that the marketing was misleading.
U.S. District Judge Rita Lin of the Northern District of California found that despite amending the case twice, the shareholder—Reynolds Family Revocable Trust—hadn’t sufficiently alleged that Charles Schwab directors were aware of the alleged issues with the robo-adviser program, much less that the marketing was misleading.
