NEW YORK, Dec. 23, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Toronto-Dominion Bank (NYSE: TD).Shareholders who purchased shares of TD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-toronto-dominion-bank-loss-submission-form/?id=117762&from=4CLASS PERIOD: Februar ...

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against The Toronto-Dominion Bank ("TD Bank" or the "Company") (NYSE: TD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether TD Bank and certain of its office ...

SAN DIEGO, Dec. 20, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of The Toronto-Dominion Bank ("TD Bank") (NYSE: TD) securities between March 7, 2022 and October 9, 2024, both dates inclusive (the "Class Period"), have until this upcoming Monday, December 23, 2024 to seek appointment as lead plaintiff of the TD Bank class action lawsuit. Captioned Gonzalez v. The Toronto-Dominion Bank, No. 24-cv-09445 (S.D.N.Y.), the TD Bank class action lawsui ...

Core Viewpoint - The Toronto-Dominion Bank (TD) is facing a class action securities lawsuit due to alleged securities fraud that occurred between February 29, 2024, and October 9, 2024, following significant revelations regarding its anti-money laundering failures and subsequent financial penalties [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for TD investors affected by the alleged fraud during the specified period [1]. - On October 10, 2024, TD disclosed the outcomes of U.S. investigations, which included a punitive payment of $3.09 billion and an asset cap limiting its U.S. subsidiaries to a collective $434 billion, based on assets as of September 30, 2024 [2]. - The Department of Justice characterized TD's failures as the largest in U.S. banking history related to Bank Secrecy Act violations and the first instance of a U.S. bank pleading guilty to conspiracy to commit money laundering [2]. Group 2: Market Reaction - Following the announcement of the investigations and penalties, TD's stock price dropped significantly, from $63.51 per share on October 9, 2024, to $59.44 on October 10, 2024, and further to $57.01 on October 11, 2024, marking a decline of over 10.23% within two days [2]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until December 21, 2024, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].

NEW YORK, Dec. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Toronto-Dominion Bank (NYSE: TD).Shareholders who purchased shares of TD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-toronto-dominion-bank-loss-submission-form/?id=117268&from=4CLASS PERIOD: Februar ...

NEW YORK, Dec. 18, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Toronto-Dominion Bank (NYSE: TD) between March 7, 2022 and October 9, 2024, both dates inclusive (the "Class Period"), of the important December 23, 2024 lead plaintiff deadline.So what: If you purchased TD securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What to d ...

Core Viewpoint - A class action lawsuit has been filed against The Toronto-Dominion Bank (TD) for allegedly misleading investors regarding its compliance with anti-money laundering regulations, particularly the U.S. Bank Secrecy Act [1][2]. Group 1: Allegations and Compliance Issues - The lawsuit claims that TD failed to disclose significant issues with its anti-money laundering (AML) program and the potential consequences of these failures, including punitive measures that could hinder the bank's growth [2]. - The complaint highlights that TD concealed the severity of its AML program failures and did not indicate that an asset cap or other compliance measures would be imposed [2]. Group 2: Financial Impact and Stock Performance - On October 10, 2024, TD announced a resolution to investigations related to its AML compliance, which included a punitive payment of $3.09 billion and an asset cap limiting its U.S. subsidiaries to a collective $434 billion [3]. - Following the announcement, TD's stock price dropped from $63.51 on October 9, 2024, to $59.44 on October 10, 2024, and further to $57.01 on October 11, 2024, marking a decline of over 10% in just two days [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must submit their application to serve as lead plaintiff by December 23, 2024 [4]. - It is noted that shareholders do not need to actively participate in the case to be eligible for any recovery [4]. Group 4: Legal Representation - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders will not incur any fees or expenses unless they recover losses [5]. - The firm has a history of successfully litigating securities class actions and has recovered over $1 billion for shareholders since its inception [5].

SAN FRANCISCO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- On December 11, 2024, a second investor in The Toronto-Dominion Bank (NYSE: TD) filed a class action lawsuit that expanded the Class Period in the related case to begin on March 7, 2022 and end on October 9, 2024. Both lawsuits follow the October 10, 2024 announcement by the U.S. Department of Justice that TD’s U.S. subsidiaries had pleaded guilty to violating the Bank Secrecy Act and conspiracy to commit money laundering. The resolution included a $3.09 bill ...

Core Viewpoint - The Rosen Law Firm is reminding investors who purchased securities of The Toronto-Dominion Bank (TD) during the specified class period of their potential entitlement to compensation due to alleged deficiencies in the bank's anti-money laundering controls [1][4]. Group 1: Class Action Details - The class period for the securities of TD is from March 7, 2022, to October 9, 2024, with a lead plaintiff deadline set for December 23, 2024 [1][2]. - Investors can join the class action without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must act by the specified deadline to serve as lead plaintiff [2]. Group 2: Allegations Against TD - The complaint alleges that TD's anti-money laundering (AML) controls were plagued by "pervasive" and "systemic deficiencies" from January 2014 to October 2023 [4]. - It is claimed that TD prioritized profits over compliance, failing to adequately fund and staff its AML program, which led to the laundering of hundreds of millions of dollars [4]. - As a result of these deficiencies, TD was forced to pay over $3 billion in fines and penalties, and the Office of the Comptroller of the Currency (OCC) imposed an asset cap on TD's U.S. business, hindering its growth [4].

Core Viewpoint - The Toronto-Dominion Bank is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, primarily related to its anti-money laundering program and the concealment of significant operational failures [1][4][6]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Gonzalez v. The Toronto-Dominion Bank, covers purchasers of TD Bank securities from March 7, 2022, to October 9, 2024, with a deadline for lead plaintiff applications set for December 23, 2024 [1]. - Allegations include making false or misleading statements regarding the effectiveness of TD Bank's anti-money laundering (AML) program and failing to disclose material adverse facts [4]. - The lawsuit cites a report from The Wall Street Journal on May 2, 2024, detailing a U.S. Department of Justice investigation into TD Bank's AML controls, which revealed that the bank was used by crime groups to launder hundreds of millions of dollars [5]. Group 2: Financial Implications - Following the news of the DOJ investigation, TD Bank's stock price dropped nearly 6% [5]. - On October 10, 2024, TD Bank announced a resolution to U.S. investigations, which included a punitive payment of $3.09 billion and an asset cap limiting its U.S. subsidiaries to a collective $434 billion [6]. - The DOJ characterized TD Bank's failures as significant, marking it as the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, leading to a further stock price decline of over 10% [6]. Group 3: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased TD Bank securities during the class period to seek appointment as lead plaintiff, representing the interests of the class [7]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. Group 4: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having secured over $6.6 billion for investors in class action cases [8][9]. - The firm has been recognized for its significant recoveries, including the largest securities class action recovery in history at $7.2 billion [9].