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Fidelity Charitable Sued over Handling of Donation

Written by FWD501cReporter

The New York Times reports a couple from California is suing Fidelity Charitable for mishandling their $100 million donation. The couple utilized a donor-advised fund (DAF) which is a popular charitable method.

The lawsuit alleges Fidelity Charitable made promises on how the donation, which included shares of stock, would be managed.

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