TD STOCK REPORT: Suffer Losses on Your TD Bank Investment? Contact BFA Law about the Pending Class Action Lawsuit

Core Viewpoint - A lawsuit has been filed against The Toronto-Dominion Bank and certain senior executives for potential violations of federal securities laws, particularly concerning misleading statements about its anti-money laundering program [1][3]. Group 1: Lawsuit Details - Investors have until December 23, 2024, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [2]. - The lawsuit is titled Tiessen v. The Toronto-Dominion Bank, et al., No. 24-cv-08032, and asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. Group 2: Allegations Against TD Bank - The complaint alleges that TD Bank made materially false and misleading statements regarding the effectiveness of its anti-money laundering program [3]. - On October 10, 2024, TD Bank pleaded guilty to criminal money-laundering-related charges and agreed to pay over $3 billion in fines to various U.S. regulatory bodies [4]. Group 3: Market Impact - Following the announcement of the guilty plea, TD Bank's stock price fell by 6.4%, dropping from $63.51 per share on October 9, 2024, to $59.44 per share on October 10, 2024 [5].