N.Y. Attorney General Appeals Ruling In Auction-Rate Securities Lawsuit

NEW YORK – The attorney general of the State of New York on Nov. 30 appealed a New York County Supreme Court justice’s Oct. 31 ruling that he failed to plead any of his state law claims against Charles Schwab & Co. Inc. for its allegedly fraudulent marketing and sale of auction-rate securities (The People of the State of New York v. Charles Schwab & Co., Inc., No. 453388-2009, N.Y. Sup., New York Co.).

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