TD INVESTOR DEADLINE: The Toronto-Dominion Bank Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

Lawsuit Overview - The class action lawsuit against TD Bank alleges violations of the Securities Exchange Act of 1934, involving false or misleading statements and failure to disclose material adverse facts about the bank's anti-money laundering (AML) program [1][4] - The lawsuit covers securities purchasers or acquirers of TD Bank between February 29, 2024, and October 9, 2024, with a deadline of December 23, 2024, to seek appointment as lead plaintiff [1] Allegations and Impact - TD Bank is accused of concealing or minimizing the significance of its AML program failures, which led to punitive measures including a $3.09 billion payment and an asset cap of $434 billion for its U.S. subsidiaries [4][5] - The U.S. Department of Justice highlighted TD Bank's failures as the largest in U.S. history related to Bank Secrecy Act program violations and the first U.S. bank to plead guilty to conspiracy to commit money laundering [5] - Following the announcement of these resolutions on October 10, 2024, TD Bank's stock price fell by more than 10% [5] Lead Plaintiff Process - Investors who purchased or acquired TD Bank securities during the Class Period can seek appointment as lead plaintiff, with the lead plaintiff acting on behalf of all class members and selecting a law firm to litigate the case [6] - The ability to share in any potential future recovery is not dependent on serving as lead plaintiff [6] About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having secured the most monetary relief for investors in six out of the last ten years according to ISS Securities Class Action Services rankings [7] - The firm has recovered $6.6 billion for investors in securities-related class action cases over the last four years, including the largest securities class action recovery ever of $7.2 billion in the Enron case [7]