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 through a class action lawsuit, with a lead plaintiff deadline set for December 23, 2024 [2][3]. Group 1: Class Action Details - Investors who bought TD securities between February 29, 2024, and October 9, 2024, may be eligible for compensation without any out-of-pocket fees due to a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [3][8]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and securing over $438 million for investors in 2019 alone [4]. Group 3: Case Background - The complaint alleges that TD provided misleading information regarding its anti-money laundering (AML) program, which was intended to comply with the U.S. Bank Secrecy Act [5]. - Defendants reportedly made overly positive statements about the AML program while concealing significant failures, leading to artificially inflated security prices for investors [6].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages The Toronto-Dominion Bank Investors to Secure Counsel Before Important Deadline in Securities Class Action – TD