A recently-reached $200 million settlement over federal securities law claims involving Schwab's YieldPlus fund does not mark the end of its legal troubles, as the firm still faces a state claim over the fund. Plaintiffs are seeking damages up to $140 million based on Schwab's increasing the fund's holdings of uninsured mortgage-backed securities without consulting shareholders. "It's really only a question of how much money is going to have to be paid on the state claims," Ballard Spahr partner Steven B. King tells IGNITES. "Schwab could appeal the liability decision, which has gone against them, or they could appeal the ultimate amount they're ordered to pay."