Press release
Vanguard Target Retirement Funds (MUTF: VTWNX, VTTVX, VTHRX, VTTHX, VFORX, VTIVX, VFIFX) Investor Alert: Investigation over possible Violations of Securities Laws
An investigation for investors in Vanguard Target Retirement Funds (MUTF: VTWNX, VTTVX, VTHRX, VTTHX, VFORX, VTIVX, VFIFX).
Investors who purchased shares of Vanguard Target Retirement Funds (MUTF: VTWNX, VTTVX, VTHRX, VTTHX, VFORX, VTIVX, VFIFX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements regarding certain Vanguard Target Retirement Funds' business, its prospects and its operations were materially false and misleading at the time they were made.
The investigation by a law firm concerns whether Vanguard Group, Inc., Vanguard Chester Funds, and certain officers and trustees breached their fiduciary duties and caused damage to the company and its shareholders.
Shares of the Vanguard Target Retirement 2020 Fund (NASDAQ: VTWNX) declined from $37.14 per share in late December 2021, to as low $28.55 per share on March 14, 2022.
Shares of the Vanguard Target Retirement 2025 Fund (NASDAQ: VTTVX) declined from $23.69 per share in late December 2021, to as low as $18.45 per share on March 14, 2022.
Shares of the Vanguard Target Retirement 2035 Fund (NASDAQ: VTTHX) declined from $28.54 per share in late December 2021, to as low as $21.32 per share on March 14, 2022.
Shares of the Vanguard Target Retirement 2040 Fund (NASDAQ: VFORX) declined from $50.81 per share in late December 2021, to as low as $37.37 per share on March 14, 2022.
Shares of the Vanguard Target Retirement 2045 Fund (NASDAQ: VTIVX) declined from $32.82 per share in late December 2021, to as low as $25.08 per share on March 14, 2022.
Shares of the Vanguard Target Retirement 2050 Fund (NASDAQ: VFIFX) declined from $53.03 per share in late December 2021, to as low as $41.37 per share on March 14, 2022.
Those who purchased shares of the following Vanguard Target Retirement Funds (MUTF: VTWNX, VTTVX, VTHRX, VTTHX, VFORX, VTIVX, VFIFX), have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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