November 25, 2024
A Pennsylvania federal judge gave initial approval Monday to a $40 million settlement between Vanguard and investors who claimed the firm breached its fiduciary duty when it triggered a sell-off of assets that left investors with hefty tax bills.
November 07, 2024
Vanguard investors have asked a Pennsylvania federal judge to give the first green light to a $40 million settlement reached with the firm over it allegedly breaching its fiduciary duty when it triggered a sell-off of assets that left investors with massive tax bills.
September 23, 2024
Vanguard agreed to settle a proposed class action by investors who accused the company of violating its fiduciary duties when it triggered a sell-off of assets that left them with massive tax bills, according to a Pennsylvania federal court order Monday.
July 25, 2024
A group of investors accusing Vanguard of violating its fiduciary duties by triggering a sell-off of assets that left smaller investors with massive tax bills shouldn't be granted class certification, the asset manager told a Pennsylvania federal court.
June 03, 2024
Investors accusing Vanguard and its top brass of violating its fiduciary duties by triggering a sell-off of assets in target retirement funds in an attempt to lower fees, leaving smaller investors with massive tax bills, asked a Pennsylvania federal court to certify them as a class.
November 21, 2023
Investors claiming Vanguard grossly violated its fiduciary duties by triggering a huge sell-off of assets in target retirement funds, leaving the investors with massive tax burdens, can move forward with their claims against the company's officers but not the company itself, a Pennsylvania federal judge ruled.
March 14, 2022
Vanguard was sued on Monday by a proposed class of investors who claim that the company grossly violated its fiduciary duties by triggering a huge sell-off of assets in target retirement funds in its attempt to lower fees, leaving some investors with massive tax burdens.