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Vanguard, fund board hit with class-action suit over tax bills

03/22/2022

The independent directors of Vanguard Funds were named last week as defendants in a class-action lawsuit brought by a group of retail investors. The plaintiffs' claims center around high tax bills they received in 2021 that stemmed from unusually large capital gains distributions from target-date funds held in taxable accounts. In ... Log in to view full article.

 


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