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The Toronto-Dominion Bank Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before December 23, 2024 to Discuss Your Rights - TD
NEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your The Toronto-Domi...
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[{"type":"text","content":"The Toronto-Dominion Bank Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before December 23, 2024 to Discuss Your Rights - TDNEW YORK, NY / ACCESSWIRE / November 20, 2024 / If you suffered a loss on your The Toronto-Dominion Bank (NYSE:TD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/the-toronto-dominion-bank-lawsuit-submission-form?prid=112871&wire=1or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A class action securities lawsuit was filed against The Toronto-Dominion Bank that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between February 29, 2024 and October 9, 2024.CASE DETAILS: According to the complaint, on October 10, 2024, TD unveiled the resolutions reached from United States investigations, which included, in addition to the punitive payment of $3.09 billion, both an asset cap, preventing TD's U.S. subsidiaries from exceeding a collective $434 billion, a reflection of the Company's assets as of September 30, 2024, and further subjects TD to more stringent approval processes for its product, service, and market rollouts. Further, the Department of Justice, in their own corresponding release, highlighted the significance of TD's failures as \"the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first US bank in history to plead guilty to conspiracy to commit money laundering.\"The unveiling of the scope of the Company's anti-money laundering failures surprised investors and analysts alike as they reacted immediately to the revelations. The price of TD's common stock declined dramatically. From a closing market price of $63.51 per share on October 9, 2024, TD's stock price fell to $59.44 per share on October 10, 2024, and further to $57.01 on October 11, 2024, a decline of more than 10.23% in the span of just two days.WHAT'S NEXT? If you suffered a loss in TD stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/the-toronto-dominion-bank-lawsuit-submission-form?prid=112871&wire=1 to learn about your rights to seek a r...