NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- 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. WH ...

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].

Core Viewpoint - The Toronto-Dominion Bank (TD) faces significant legal and financial repercussions following its guilty plea related to Bank Secrecy Act violations and conspiracy to commit money laundering, resulting in a $3.09 billion penalty and operational restrictions [2]. Group 1: Legal and Financial Implications - TD's class period for shareholder claims is from March 7, 2022, to October 9, 2024, with a deadline for lead plaintiff registration set for December 21, 2024 [3]. - The bank's guilty plea marks it as the largest bank in U.S. history to admit to such failures, leading to a dramatic stock price decline of over 10.23% within two days, from $63.51 to $57.01 per share [2]. - The U.S. Department of Justice emphasized the severity of TD's failures, which include an asset cap limiting its U.S. subsidiaries to a collective $434 billion [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action lawsuit to monitor their investment status and participate in potential recovery efforts [3]. - The Gross Law Firm, representing affected shareholders, aims to protect investor rights and ensure accountability for misleading corporate practices [4].

NEW YORK, Dec. 14, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Toronto-Dominion Bank (NYSE: TD) between February 29, 2024 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 ...

NEW ORLEANS, Dec. 13, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until December 23, 2024 to file lead plaintiff applications in securities class action lawsuits against The Toronto-Dominion Bank ("TD" or the "Company") (NYSE: TD), if they purchased the Company's securities between March 7, 2022 and October 9, 2024, inclusive (the "Class Period"). These actions are pending in the United States District Court for the Southern District of New York ...

NEW YORK , Dec. 13, 2024 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of The Toronto-Dominion Bank (NYSE: TD) between February 29, 2024 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 ...

Turnaround situations can be very risky, but not all of them. That's the big picture story when you look at real estate investment trust (REIT) W.P. Carey (WPC 0.56%) and Canadian financial giant Toronto-Dominion Bank (TD -0.06%). Both of these high-yield stocks has fallen on hard times, but neither is facing a situation that should lead to their ultimate demise. In fact, there are good reasons to think both will be seeing better times ahead. If you have $500 or even $5,000, you should take a look at them t ...

NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in The Toronto-Dominion Bank ("TD" or the "Company") (NYSE: TD) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of TD investors who were adversely affected by alleged securities fraud between March 7, 2022 and October 9, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/the-toronto-dominion-bank-lawsuit-submis ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In TD To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in TD between March 7, 2022 and October 9, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Faruqi ...

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that that it has filed a class action lawsuit for violations of the federal securities laws against The Toronto-Dominion Bank and certain of the Company’s senior executives. If you invested in TD Bank, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/the-toronto-dominion-bank. Investors have until December 23, 2024 to ask the Court to be appo ...