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NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes
NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes Thousands of New Yorkers forced to pay higher taxes on their retirement savings are set to receive restitution after a $106 million, multi-state settlement was reached with Vanguard Group. The agreement, announced by New York Attorney General Letitia James on Friday, Jan. 17, comes after the investment advisory firm failed to inform investors of changes to its retirement funds.  Those changes led to unexpected and significant capital gains tax bills for hundreds of thousands of investors, including over 15,000 in New York, James’ office said. An investigation found that Vanguard reduc…

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by Michael Mashburn
Politics
New Poll Reveals Long Islanders' Preference In Closely Watched Congressional Races New Poll Reveals Long Islanders' Preference In Closely Watched Congressional Races
New Poll Reveals Long Islanders' Preference In Closely Watched Congressional Races Fresh polling appears to show a political divide between two closely watched congressional races on Long Island. Democrat Laura Gillen leads incumbent Republican Rep. Anthony D’Esposito by 12 percentage points, 53 to 41 percent, among likely voters in New York’s 4th District, according to a Siena College/Newsday poll released Tuesday, Oct. 22 D’Esposito has represented the 4th District, which includes central and southern Nassau County, since 2023. The race was considered a tossup by The Cook Political Report. Earlier Report: Competitive Long Island, Hudson Valley Races Seen As Key …

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by Michael Mashburn