TD INVESTOR DEADLINE: The Toronto-Dominion Bank Investors with Substantial … – PR Newswire
Investors who purchased or acquired securities from The Toronto-Dominion Bank (TD Bank) between February 29, 2024, and October 9, 2024, have an opportunity to take the lead in a class-action lawsuit. The deadline to seek an appointment as lead plaintiff is Monday, December 23, 2024. The lawsuit, Tiessen v. The Toronto-Dominion Bank, No. 24-cv-08032 (S.D.N.Y.), alleges violations of the Securities Exchange Act of 1934 by TD Bank and certain top executives.
If you experienced significant losses and want to be the lead plaintiff in the TD Bank class action lawsuit, you can provide your information at the following link: [Link to be included].
The allegations in the case suggest that TD Bank failed to disclose crucial information about the state of its anti-money laundering (AML) program during the Class Period. On October 10, 2024, TD Bank revealed involved U.S. investigations, leading to a hefty fine of $3.09 billion, an asset cap, and more stringent approval processes for its operations. Subsequently, TD Bank’s stock price dropped by over 10%.
Under the Private Securities Litigation Reform Act of 1995, investors who purchased or acquired TD Bank securities during the Class Period can seek the position of lead plaintiff in the class-action lawsuit. The lead plaintiff represents all members of the class and can choose a law firm to proceed with the case.
Robbins Geller Rudman & Dowd LLP, a reputable law firm, specializes in representing investors in securities fraud cases. They have a strong track record in securing monetary relief for investors and are well-equipped to handle the TD Bank class action lawsuit.
