#United States #Class Action #Philadelphia #Rosen Law Firm #Vanguard Funds

Update on Vanguard Class Action Settlement

The Rosen Law Firm, P.A. has officially announced an important update regarding the proposed class action settlement for investors involved in the Vanguard Investor Target Retirement Funds. The previous hearing date of January 6, 2026, has been moved up to January 5, 2026, at 10:00 a.m. This decision was made by the United States District Court for the Eastern District of Pennsylvania, and the hearing will take place in Philadelphia.

This settlement affects investors who reside in the U.S. and held shares in taxable accounts or tax-advantaged accounts that received capital gains distributions from Vanguard Investor Target Retirement Funds (Investor TRFs) in 2021. The key objectives of the January hearing include:

1. Approval of Settlement: Determining if the proposed $25 million settlement for the investors is fair and reasonable.
2. Distribution Plan: Evaluating how the settlement proceeds will be distributed to ensure fairness among class members.
3. Legal Fees: Approving lead counsel's request for attorneys' fees amounting to up to one-third of the settlement, as well as reimbursement of expenses and service awards to the plaintiffs.
4. Dismissal of Action: Assessing whether the action should be dismissed with prejudice as outlined in the Stipulation of Settlement.

This hearing is significant for those investors who have been affected by Vanguard's past financial dealings. Following the denial of a previous settlement proposal, Vanguard is also contributing $40 million to the SEC Fair Fund in addition to the current settlement to compensate affected investors. This brings the total compensation available to investors through various settlements to a notable $132.91 million. It is essential for all investors in the settlement class to be aware that participation in this settlement does not preclude them from benefiting from the SEC Fair Fund.

If you earned capital gains distributions from Investor TRFs in 2021, you may have specific rights that could be impacted by this upcoming settlement. Thus, timely action is necessary if you wish to either participate or exclude yourself from this settlement class. To receive a share of the net settlement fund, investors need to submit a Proof of Claim, and it is recommended that they do so by February 3, 2026.

Important Deadlines

• - Submission of Proof of Claim: Must be submitted electronically or postmarked no later than February 3, 2026.
• - Request for Exclusion: If you wish to exclude yourself from the settlement class, it must be received by the claims administrator by December 16, 2025.
• - Objecting to Settlement: Any objections concerning the settlement must also be submitted by December 16, 2025.

The Rosen Law Firm emphasizes that communication regarding this matter should not be directed to the Court or its clerk. Instead, questions may be addressed directly with lead counsel.

For those in the Vanguard Investor TRFs settlement class, it is vital to stay informed and proceed with the necessary actions by the given deadlines to protect your financial interests. This is a significant moment for investors as the court’s decision on these matters can greatly influence their monetary recovery from the funds’ operations. To ensure you are up-to-date, consider reaching out to the Claims Administrator or legal counsel from The Rosen Law Firm for assistance.

Overall, this settlement proposal represents a concerted effort to fairly compensate investors who have suffered losses related to their investments in Vanguard's retirement funds and emphasizes the importance of legal channels in securing investor rights and remedies.