Vanguard's fine centers on December 2020 actions related to the asset manager's target-date funds and capital gains taxes. Here's what you need to know.

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.

The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds.

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 Groupwill pay more than $106 million to settle US Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts.

The Malvern investment giant was accused of alleged misleading statements to retail investors in targeted retirement funds.

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 ...

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

An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.

The money will go to target-date fund investors whom the company failed to warn about capital gains tax hits, the SEC said.

Avior Wealth Management LLC lessened its holdings in shares of Vanguard ESG US Stock ETF (BATS:ESGV – Free Report) by 31.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.

Atomi Financial Group Inc. purchased a new position in shares of Vanguard Mid-Cap Growth ETF (NYSEARCA:VOT – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).