Charles Schwab accused of firing Los Altos investment consultant because he ran for Congress as Democrat

Charles Schwab accused of firing Los Altos investment consultant because he ran for Congress as Democrat

Phil Arballo ran twice for Congress, unsuccessfully, before taking a job at the Charles Schwab investment company branch in posh Los Altos, where he was fired because his boss discovered he had run as a Democrat, he claimed in a lawsuit filed this week. Schwab in a statement Friday called the lawsuit’s allegations “unwarranted,” and said it would respond to them in court. Arballo ran for U.S. House of Representatives seats in the Central Valley …