Murphy ruled Monday that the proposed settlement is unfair to investors, saying he was obligated to reject it so that they could have a chance to get more money. A spokesman for Vanguard and a ...

Vanguard argued that Hughes misunderstood the SEC accord, and rejecting the $40 million settlement based on his objection would make it harder for companies to settle parallel civil and regulatory ...

The settlement represents the consolidation ... November 2023 ruling by U.S. District Court Judge John F. Murphy, rejecting Vanguard's to dismiss the lawsuit. Plans redeemed 490 million shares ...

Attorney General Letitia James, the SEC, and 45 securities regulators from across the country reached a settlement with Vanguard and its subsidiary Vanguard Marketing Corporation after the Malvern ...

The settlement follows a $6.25 million settlement Vanguard reached with Massachusetts regulators in 2022 over the same tax issue that more than 5,500 of the state’s residents faced. The issue ...

The judge’s ruling is the latest twist in a three-year battle over changes Vanguard made to target-date funds that investors say stuck them with unnecessary tax bills. A federal judge rejected a ...

Judge says rejecting settlement would save legal fees Vanguard's $106.4 million SEC accord included an offset Vanguard, investors' lawyers not available to comment May 19 (Reuters) - A federal ...