Vanguard to pay $106 million in SEC accord

Vanguard to pay $106 million in SEC accord after saddling investors with big tax bills
Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds, resulting in hundreds of thousands of ordinary investors getting stuck with inflated tax bills.
Vanguard agrees to pay investors $106 million after failing to disclose tax fund changes
Their misstep led to them being charged with not telling investors about the changes that were made, according to CNN.
Vanguard to pay $106M to settle SEC charges over TRF disclosure violations
The Vanguard Group Inc., one of the world's largest asset managers, will pay a $106.41M penalty to resolve charges for allegedly misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds in taxable accounts,
Vanguard fined $106M over retirement fund disclosure violations
The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.
Vanguard To Pay $106M Over Alleged Retirement Fund Violations
The money will go to target-date fund investors whom the company failed to warn about capital gains tax hits, the SEC said.
State AG, SEC reach $106M settlement from investment adviser Vanguard Group
More than 15,000 New York investors, including 2,700 Long Islanders, were forced to pay higher capital gains taxes after Vanguard made changes to retirement funds.
Vanguard settles SEC charges over misleading statements for $106.41 million
The Vanguard Group, Inc. has agreed to pay $106.41 million to settle charges from the Securities and Exchange Commission (SEC) over misleading statements related to capital gains distributions and tax consequences for retail investors.
Vanguard to Pay $106 Million Over Retirement Fund Violations
Vanguard Group will pay more than $106 million to settle US Securities and Exchange Commission allegations that it made ...
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target ...
Vanguard Group to pay US$106.4-million to settle SEC charges, regulator says
The charges are over misleading statements related to capital gains distributions and tax consequences for retail investors ...
Vanguard Settles With SEC Over Surprise Capital-Gains Taxes
Vanguard Group will pay $106.41 million to settle a Securities and Exchange Commission investigation related to its target-date retirement funds, the agency said Friday. The asset manager failed to di ...
Arkansas party in $106 million settlement with Vanguard
Arkansans who invested in Vanguard retirement funds are in line to be repaid for some losses, the Arkansas Securities Department announced Friday. Arkansas joined the U.S. Securities and Exchange ...