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Vanguard $40M Target Retirement Funds Settlement
Published
December 18, 2024 11:26 AM
The Vanguard Group, Inc.
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If you held shares of the Vanguard Investor Target Retirement Funds (Investor TRFs) in 2021 and received capital gains distributions in a taxable account or another relevant account, you may be eligible to claim a portion of a $40,000,000 class action settlement.
The Vanguard Group, Inc.
has agreed to pay this amount to settle a class action lawsuit for alleged breaches of fiduciary duties, which resulted in significant capital gains distributions and subsequent tax liabilities for investors.
Who are the class members?
To be part of the settlement class, you:
- Reside in the United States.
- Held shares of the Investor TRFs in taxable accounts or other relevant accounts.
- Received capital gains distributions from the Investor TRFs in 2021.
How much compensation is available?
The amount each class member can claim de