IN RE: VANGUARD CHESTER FUNDS LITIGATION

  1. 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.

  2. 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.

  3. 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.