BEVERLY HILLS, Calif., Aug. 28, 2008 (GLOBE NEWSWIRE) -- Aidikoff, Uhl & Bakhtiari counsels Schwab investors to consider their exit options in the wake of Morningstar's recent report concerning the collapse of Schwab YieldPlus Fund Select Shares (SWYSX) and the Schwab YieldPlus Fund Investor Shares (SWYPX), referred to as the ``YieldPlus'' funds.

Aidikoff, Uhl & Bakhtiari and it's partners (http://www.subprimelosses.com) represent numerous Schwab investors in FINRA arbitration claims alleging that Charles Schwab omitted or misrepresented important information to investors including the YieldPlus Fund's safety, composition, risk level and suitability as a money market alternative.

``On August 20, 2008 Morningstar reported that YieldPlus was an 'unmitigated disaster' and shareholders who haven't yet sold 'would be better off' following their counterparts that have dumped YieldPlus,'' said attorney Ryan K. Bakhtiari of Aidikoff, Uhl & Bakhtiari.

``This report is a wake-up call to investors. We believe that investors have recourse and may be able to recover damages as a result of purchasing and holding shares of YieldPlus,'' stated Mr. Bakhtiari. ``Schwab Investors who have lost more than $10,000 should be aware of their rights.''

Increased yield potential for ultrashort bond funds like the Schwab YieldPlus Funds have historically provided higher sustained yields versus money market funds, as their short duration helps minimize exposure to falling bond prices as rates rise. Even though the share price may fluctuate minimally, these funds offer lower risk than longer-term bond funds and only marginally higher risk than money market funds.

Schwab also emphasized the safety of the YieldPlus Funds was enhanced by the short duration of holdings in its portfolio even though this was not accurate.

The brokers who sold the Schwab Yield Plus fund are not targets of arbitration filings, according to the investors' legal team.

More information is available at http://www.subprimelosses.com or by contacting an attorney.

         Aidikoff, Uhl & Bakhtiari
         Beverly Hills, California
         Ryan K. Bakhtiari
         (800) 382-7969
         rbakhtiari@aol.com
         
         Maddox, Hargett & Caruso, P.C.
         Indianapolis, Indiana; New York, New York
         Mark E. Maddox
         (800) 505-5515
         mmaddox@mhclaw.com
         
         Page Perry, LLC
         Atlanta, Georgia
         J. Boyd Page
         (877) 673-0047
         jbpage@pageperry.com
         
         David P. Meyer & Associates, Co., L.P.A.
         Columbus, Ohio
         David P. Meyer
         (866) 827-6537
         dmeyer@dmlaws.com