California Judge Awards Monetary Damages to Investors Charles, Michael Schwab in Libel Suit
A California judge has awarded $6 million in compensatory and punitive damages to father-son investor duo Charles and Michael Schwab in two high-profile libel suits after the man accused of smearing them through various media platforms failed to appear for multiple court hearings.
- A California judge has awarded $6 million in compensatory and punitive damages to father-son investor duo Charles and Michael Schwab in two high-profile libel suits after the man accused of smearing them through various media platforms failed to appear for multiple court hearings.
- Records show Behunin paid a Huffington Post columnist $10,000 to write a column falsely accusing Michael Schwab of money laundering and misappropriating funds from a charity for personal profit.
- The columnist later acknowledged in writing that the article contained factual errors regarding Michael Schwab.
- Allen Matkins and the Law Offices of David H. Schwartz, Inc. represented the Schwab family and Big Sky Venture Capital.