Lawsuit on Vanguards Cost Stucture

[REWahoo]

Quote:

Originally Posted by MichaelB I would imagine if the State of NY prevails...

Did I interpret this quote from the article incorrectly when I understood it to say NY wasn't interested in pursuing the case and it was a civil matter?

Quote:

The suit was unsealed after the New York state attorney general declined to prosecute the case, freeing Danon and his lawyer to pursue a civil action.

[MichaelB]

Quote:

Originally Posted by REWahoo Did I interpret this quote from the article incorrectly when I understood it to say NY wasn't interested in pursuing the case and it was a civil matter?

No, but I did.

The motivation is probably the same. If he were to prevail and had already filed an IRS whistleblower report he could make some pretty big bucks (wag here).

hard case to prove, though...