Investors Battle Fidelity in Court Over Tax-Break Deal

Malcolm and Emily Fairbairn prepared a large charitable donation through Fidelity Charitable in 2017 to cushion an income-tax hit. It didn’t go as they had hoped. Now, the Fairbairns and Fidelity’s charitable arm are facing off in a contentious federal-court trial.

Investors Battle Fidelity in Court Over Tax-Break
Deal
Malcolm and Emily Fairbairn prepared a large charitable donation through Fidelity Charitable in 2017 to cushion an income-tax hit. It didn’t go as they had hoped. Now, the Fairbairns and Fidelity’s charitable arm are facing off in a contentious federal-court trial.