Levi & Korsinsky LLP, a national leader in securities litigation and advocate of shareholder and consumer rights, is investigating whether the online brokerage firm Charles Schwab & Co., Inc. failed to properly execute its clients orders, charged hidden fees or otherwise mishandled orders.
In today’s fragmented market structure, brokers have a variety of options for routing their clients’ orders. Recent research and analyses indicate that certain brokers, however, may be prioritizing their own bottom line over their clients’ best interests by routing orders in a manner which maximizes brokers’ own revenue, rather than that which would provide best execution of the orders. In the case of investors who conduct a very large volume of trades, this practice can result in substantial losses.
If you experienced any issues with your order execution through Schwab, please let us know.
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