Vanguard says it settles litigation filed by Texas attorney general and other states - GEAR JRNL

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Thursday, February 26, 2026

Vanguard says it settles litigation filed by Texas attorney general and other states

Vanguard says it settles litigation filed by Texas attorney general and other states

Feb 26 (Reuters) - Fund manager Vanguard ‌Group said on ‌Thursday it has settled ​litigation filed by the Republican attorneys general of Texas ‌and ⁠other states, who had alleged the ⁠fund manager and rivals had ​violated ​antitrust ​law through ‌their climate activism.

Reuters

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A spokesman for Vanguard of Pennsylvania did not immediately disclose terms ‌of the ​settlement, ​but ​the company said ‌in a statement ​it ​reaffirms "the passive nature of our ​index ‌funds."

(Reporting by Ross ​Kerber, Editing by ​Franklin Paul)