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.

Vanguard Group will 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.

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 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 ...

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

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

New York AG secures $106M from Vanguard for not informing investors about changes leading to unexpected taxes.

PFG Investments LLC lowered its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO – Free Report) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Mutual Advisors LLC lessened its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 15.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

The SEC claims Vanguard made misleading statements about capital gains distributions and tax consequences to retail investors who held target date funds in retirement accounts.