TORONTO-DOMINION BANK SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Toronto-Dominion Bank – TD

NEW ORLEANS, Nov. 13, 2024 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder info service, reminds buyers that they December 23, 2024 to file lead plaintiff motions in a category motion lawsuit towards The Toronto-Dominion Financial institution (“TD” or the “Firm”) (NYSE: TD), in the event that they bought the Firm’s securities between February 29, 2024 and October 9, 2024 , together with (the “Class Interval”). This case is pending in the USA District Court docket for the Southern District of New York.

Get assist

TD buyers ought to go to us at https://claimsfiler.com/cases/nyse-td-1/ or name toll free (844) 367-9658. Attorneys from Kahn Swick & Foti, LLC can be found to debate your authorized choices.

In regards to the lawsuit

TD and sure executives are accused of failing to reveal materials info throughout the Class Interval, thereby violating the federal securities legal guidelines.

On October 10, 2024, the Firm introduced resolutions reached following investigations by varied U.S. authorities companies into the Firm’s Anti-Cash Laundering (“AML”) compliance with the USA Financial institution Secrecy Act (“BSA”), together with a punitive fee of $3.09 billion, an asset cap that stops TD’s two U.S. subsidiaries from exceeding a mixed $434 billion, and a “extra stringent approval course of for brand new banking merchandise, providers, markets and shops to make sure be sure that the AML threat of recent initiatives is appropriately thought of and mitigated.”

On this information, the value of TD’s inventory fell from a closing value of $63.51 per share on October 9, 2024, to $59.44 per share on October 10, 2024, and additional to $57.01 on October 11, 2024.

The factor is Tiessen v. Toronto-Dominion Financial institution, et al., No. 24-cv-08032.

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