Vanguard Faces Investor Class Action Over 'Massive' Tax Bills

By P.J. D'Annunzio ( March 14, 2022, 5:56 PM EDT) -- Vanguard was sued on Monday by a proposed class of investors who claim that the company grossly violated its fiduciary duties by triggering a huge sell-off of assets in target retirement funds in its attempt to lower fees, leaving some investors with massive tax burdens....

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