this post was submitted on 01 May 2024
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Finance

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Vanguard’s updated account agreement—anyone know more about class action suits in this context? (media.kbin.social)
submitted 4 months ago by ReallyKinda@kbin.social to c/finance@beehaw.org
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[–] Gaywallet@beehaw.org 9 points 4 months ago (1 children)

Companies get sued all the time for insider trading or other violations. Stock owners will often get offers for class action suits that are on offer for whatever time frame a company is being sued for. It sounds like Vanguard is now offering a service to just 'auto-enroll' or whatever, and reduce the admin burden of filling out the class action claim for a fee.

[–] treadful@lemmy.zip 3 points 4 months ago

Most of this class action suit notices look sketch as hell too. No chance I'm going to fill those out for like $0.20.