Latest in Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
Sort by
580 items
-
Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 1h -
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
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 New York Times - 3h -
DOJ sues Walgreens, alleging it 'knowingly' filled millions of prescriptions that lacked legitimate medical purposes
Some Walgreens patients died of overdose shortly after getting invalid prescriptions filled at Walgreens, the DOJ alleges in the new lawsuit.CNBC - 5h -
Moderna Gets $590 Million of Federal Funding For Influenza Vaccines
The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company saidThe Wall Street Journal - 7h -
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.CNBC - 7h -
Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
The SEC said a lack of notifications by Vanguard drove higher capital gains tax bills for many retail investors.The Wall Street Journal - 10h -
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.The New York Times - 1d -
L.A. museums launch $12-million emergency fund for artists hit by the fires
The Getty, LACMA, MOCA and Hammer museums have partnered with George Lucas' and Steven Spielberg's foundations and other groups to create the L.A. Arts Fire Relief Fund.Los Angeles Times - 2d -
CNN Settles Defamation Suit After Being Ordered to Pay $5 Million
The case, which involved a 2021 segment about a private security contractor in Afghanistan, played out as media organizations face more legal and political pressures.The New York Times - 6h -
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced ...NBC News - 10h -
CNN Ordered to Pay at Least $5 Million for Defaming Security Contractor
The jury decision came after a two-week trial where lawyers for the contractor argued that the network had falsely accused him of illegal activity.The New York Times - 10h -
DOJ sues Georgia county, alleging violation of Black voters' rights
The Department of Justice has filed a lawsuit against Houston County, Ga., alleging its process for electing its board of commissioners violates Black voters' rights. The county uses an at-large ...The Hill - 13h -
Nonprofit founded by Stacey Abrams to pay record Georgia fine for violating state campaign laws
The nonprofit agreed to pay a $300,000 fine over its spending in support of the Georgia Democrat's candidacy during the 2018 governor's race.NBC News - 2d -
Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.The New York Times - 3d -
Robinhood to Pay $45 Million Fine to Settle SEC Charges
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.The New York Times - 4d -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - 6d -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - Jan. 10 -
Vince McMahon will pay $1.7 million to settle SEC allegations over hush money agreements
Former WWE impresario Vince McMahon agrees to settle allegations by the SEC that he paid millions in hush money to two women without telling his board.Los Angeles Times - Jan. 10 -
Alec Baldwin sues prosecutors in Rust trial, alleging civil rights violations
Actor has filed civil lawsuit claiming prosecutors targeted him for professional or political gain, and intentionally concealed evidence that vindicated him. Actor Alec Baldwin has filed a civil ...The Guardian - Jan. 10 -
Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief
Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.Inc. - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google donates $1 million to Trump's inauguration fund, joining other tech giants
Google becomes the latest tech company to donate to Trump's inauguration fundCNBC - Jan. 9 -
Former French President Sarkozy denounces 'plot' at trial over alleged campaign funding by Libya
Former French President Nicolas Sarkozy has vigorously denounced a “plot” he said was staged by “liars and crooks” on Thursday at a Paris trial over the alleged illegal financing of his 2007 ...ABC News - Jan. 9 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Social Security Fairness Act brings retirement changes for nearly 3 million public pensioners
President Joe Biden on Sunday signed the Social Security Fairness Act into law, clearing the way for nearly 3 million public workers including teachers, firefighters and police to see an increase ...NBC News - Jan. 6 -
Social Security Fairness Act brings retirement changes for nearly 3 million public pensioners. Here's what that means for retirees
Two provisions have been eliminated that reduced Social Security benefits for public workers who receive pensions. Here's what that means for retirees.CNBC - Jan. 6 -
Skip Bayless offered former Fox Sports hairstylist $1.5 million for sex, lawsuit alleges
Longtime television sports firebrand Skip Bayless is accused of making repeated unwanted sexual advances and offering $1.5 million to have sex with a former Fox Sports hairstylist, according to a ...NBC News - Jan. 6 -
Sugary drinks linked to millions of new diabetes and heart disease cases – study
Tufts University analysis highlights rise in global health inequalities, with fastest growth in linked diseases in Africa. Sugary drinks are responsible for more than 2.2m new cases of diabetes and ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Apple to pay $95 million to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.NBC News - Jan. 3 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.CBS News - Jan. 2 -
Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devicesABC News - Jan. 2
