5th Cir.

Zak Shaik v. Charles Schwab & Company, Incorporated

Zak Shaik v. Charles Schwab & Company, Incorporated

May 22, 2026 ·25-10949 ·Per Curiam · By Maria Santos

The United States Court of Appeals for the Fifth Circuit affirmed the district court's dismissal of Zak Shaik's pro se complaint. The appellate court found no error in the lower court's grant of a motion to compel arbitration and its dismissal for lack of prosecution.

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Background

Zak Shaik filed a pro se complaint against Charles Schwab & Company, Inc., and other defendants in the United States District Court for the Northern District of Texas. The district court granted Schwab’s motion to compel arbitration and dismissed the case for lack of prosecution. Shaik appealed the decision to the Fifth Circuit.

The court’s reasoning

The court held that the district court did not err in granting the motion to compel arbitration, citing Kubala v. Supreme Prod. Servs., Inc. and Edwards v. Doordash, Inc. The court also found no error in dismissing the case for lack of prosecution, citing Griggs v. S.G.E. Mgmt., L.L.C. Additionally, the court noted that Shaik did not sufficiently brief the other arguments he raised on appeal.

What it means going forward

The affirmation reinforces the enforceability of arbitration agreements in this context and confirms the district court’s authority to dismiss cases where plaintiffs fail to prosecute their claims.

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