ROSEN, A LONGSTANDING LAW FIRM, Encourages The Toronto-Dominion Bank Investors to Secure Counsel Before Important Deadline in Securities Class Action – TD

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of The Toronto-Dominion Bank (TD) during the class period from February 29, 2024, to October 9, 2024, about the upcoming lead plaintiff deadline on December 23, 2024, for a class action lawsuit related to the bank's anti-money laundering program [3][4]. Group 1: Class Action Details - Investors who bought TD securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by December 23, 2024 [4]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [5]. Group 2: Allegations Against TD - The complaint alleges that TD provided misleading information regarding the effectiveness of its anti-money laundering (AML) program and the potential consequences of ongoing investigations [6]. - Defendants reportedly made overly positive statements about the AML program while concealing significant failures and the likelihood of punitive measures that could impact TD's growth [7]. - The lawsuit claims that these misleading statements led to shareholders purchasing TD securities at artificially inflated prices, resulting in damages when the true situation was revealed [7].