IN RE: VANGUARD CHESTER FUNDS LITIGATION

  1. September 08, 2025

    New $25M Vanguard Investor Tax Case Deal Gets Initial OK

    A $25 million settlement of a class action accusing Vanguard of improperly triggering an asset sell-off that saddled investors with steep tax bills received preliminary approval Monday, according to an order in Pennsylvania federal court, after a $40 million deal was rejected in May.

  2. August 07, 2025

    Vanguard, Investors Agree To Settle After Axed $40M Tax Deal

    Vanguard and investors have reached a second deal in a suit over allegations of surprise tax bills from a fund restructuring after a Pennsylvania federal judge scrapped a previous settlement in which the class would have fetched $40 million, the parties said Thursday.

  3. July 02, 2025

    Top Federal Tax Cases Of 2025: Midyear Report

    In the first half of the year, the U.S. Supreme Court barred a defunct transportation company's bankruptcy trustee from clawing back federal taxes and prevented the U.S. Tax Court from reviewing a collection dispute after the IRS stopped going after the underlying debt. In Arizona, a federal judge refused to block the IRS from issuing batch denials of pandemic-era worker credit claims. Here, Law360 reviews some of the top federal court decisions from the past six months.

  4. June 02, 2025

    Vanguard, Investors Renegotiating After $40M Tax Deal Axed

    Vanguard and investors have scrapped a $40 million class action deal in a case over surprise tax bills from a fund restructuring and will resume settlement discussions after a Pennsylvania federal judge recently found that the deal could have saddled investors with attorney fees.

  5. May 19, 2025

    Vanguard $40M Deal Rejected In Investors' Tax Fight

    A Pennsylvania federal judge on Monday rejected a $40 million proposed settlement between Vanguard and investors, blocking the investors' attorneys from netting $13 million in fees and embracing the objections of one investor who called out the deal — meant to compensate for surprise tax bills — as worthless. 

  6. March 18, 2025

    Judge Probes Atty Conflict In Vanguard $40M Settlement

    A Pennsylvania federal judge questioned whether attorneys representing investors suing Vanguard over surprise tax bills have a conflict of interest in pushing for a $40 million settlement, adding to concerns about a parallel regulatory settlement that has delayed approval of the deal.

  7. March 13, 2025

    Vanguard's $40M Deal In Tax Suit Gets Delay In Final Approval

    A Pennsylvania federal judge delayed a proposed $40 million settlement between Vanguard and investors who claimed the firm unfairly stuck them with big tax bills, saying both sides must respond to objections about the effects of a recent SEC settlement on the deal.

  8. February 18, 2025

    Vanguard Investors Object To $40M Settlement Proposal

    A handful of the investors claiming Vanguard breached its fiduciary duty when it triggered an asset sell-off that stuck them with big tax bills objected to a proposed $40 million settlement, with some saying attorneys in the underlying class action could get too much money for making the deal.

  9. November 25, 2024

    Vanguard, Investors Get Initial OK On $40M Deal In Tax Suit

    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.

  10. November 07, 2024

    Vanguard Investors Ink $40M Settlement In Tax Liability Suit

    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.