IN RE: VANGUARD CHESTER FUNDS LITIGATION

  1. September 23, 2024

    Vanguard Agrees To Settle Investors' Tax Liability Suit

    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.

  2. July 25, 2024

    Vanguard Opposes Investors' Cert. Bid In Tax Liability Suit

    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.

  3. June 03, 2024

    Vanguard Investors Want Class Cert. In Tax Liability Fight

    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.

  4. November 21, 2023

    Vanguard Officers Must Face Investors' Tax Liability Suit

    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.

  5. March 14, 2022

    Vanguard Faces Investor Class Action Over 'Massive' Tax Bills

    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.