#United States #Toronto-Dominion Bank #Los Angeles #Securities Fraud #Frank R. Cruz

Opportunity for TD Investors

The Law Offices of Frank R. Cruz has announced an opportunity for investors of The Toronto-Dominion Bank (TD) who have faced substantial losses due to alleged securities fraud. The firm is inviting those affected to potentially lead a class-action lawsuit against the bank.

Background of the Lawsuit

The allegations in this lawsuit stem from actions that occurred between February 29, 2024, and October 9, 2024. During this period, it is claimed that TD made optimistic statements regarding the improvements and updates to its Anti-Money Laundering (AML) program. Investors were reportedly not informed of the real problems within the bank’s AML practices.

The lawsuit suggests that TD misled investors by insisting they were making significant progress in addressing regulatory issues, including a reported $3 billion set aside for anticipated financial impacts. However, the suit argues that these assertions were misleading and did not reflect the genuine state of the company’s compliance with legal standards.

Class Period and Important Dates

The key dates for shareholders to consider are critical to participating in this lawsuit:

• - Class Period: February 29, 2024 - October 9, 2024
• - Lead Plaintiff Deadline: December 23, 2024

It’s essential for anyone claiming to have lost money during this period to be aware of these deadlines and to understand their rights to participation in this legal process.

How to Participate

To be part of the class action, investors need not take immediate action. They can choose to consult with legal counsel or remain absent while being a member of the class. If you are interested in learning more, you can reach out to The Law Offices of Frank R. Cruz for further clarification.

Contact details are provided for those wanting to inquire about participating or seeking information about the lawsuit:

• - Phone: 310-914-5007
• - Email: email protected]
• - Address: 2121 Avenue of the Stars, Suite 800, Century City, California 90067
• - Website: [www.frankcruzlaw.com

Attorney Advertising Notice

It's important to mention that this announcement may be considered as advertisement in many jurisdictions, according to applicable law and ethical guidelines.

As the situation develops, affected shareholders are encouraged to follow updates on social media platforms, including Twitter, for the latest information regarding the case. The potential for recovering losses through this lawsuit represents a significant opportunity for investors who have been adversely affected by The Toronto-Dominion Bank’s alleged misrepresentations during the class period.

Stay informed and proactive to ensure your rights are protected in this ongoing legal matter.