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ACC Announces $132 Million in Restitution in Multi-State Settlement With Vanguard Over Unexpected Tax Bills
October 17, 2025
PHOENIX, Arizona, Oct. 17 -- The Arizona Corporation Commission issued the following news release on Oct. 16, 2025:

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ACC Announces $132 Million in Restitution in Multi-State Settlement with Vanguard over Unexpected Tax Bills

The Arizona Corporation Commission entered into a $132.91 million settlement agreement with Vanguard Marketing Corporation and The Vanguard Group, Inc (Vanguard) for failing to supervise certain registered persons and failing to di . . .

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