Deadline Approaches for TD Investors in Securities Fraud Case Against Toronto-Dominion Bank
The Rosen Law Firm, which specializes in representing investor rights, is reminding individuals who purchased securities from The Toronto-Dominion Bank (NYSE: TD) between February 29, 2024, and October 9, 2024, of an important lead plaintiff deadline on December 23, 2024. If your losses exceed $100,000 during this period, you may have an opportunity to become a lead plaintiff in a class action lawsuit without incurring out-of-pocket expenses, thanks to a contingency fee arrangement that Rosen Law Firm offers.
For those interested in joining the class action, specific steps need to be followed. Potential plaintiffs should visit the Rosen Law Firm's dedicated webpage at https://rosenlegal.com/submit-form/?case_id=30006. They can also contact Phillip Kim, Esq., via a toll-free phone number at 866-767-3653, or email [email protected] for further information about the case. A class action lawsuit has already been initiated, and to serve as lead plaintiff, interested individuals must file their motion by the December deadline.
Rosen Law Firm advocates for investors to choose seasoned legal counsel with a record of success in securities class actions. They caution that many law firms only act as middlemen, lacking substantial experience or resources to litigate effectively. The firm's history is significant; it has represented global investors and recovered hundreds of millions of dollars through securities class action settlements. They previously achieved the largest settlement against a Chinese company and have consistently ranked among the top law firms for securities litigation since 2013, including securing over $438 million for investors in 2019 alone.
According to the initial complaint regarding TD Bank, the bank and its executives allegedly provided misleading statements regarding the effectiveness of its anti-money laundering (AML) program. These representations misled investors about the issues surrounding the program which may have violated the United States' Bank Secrecy Act (BSA). During the class period, statements made by TD suggested positive developments regarding fixing the shortcomings of their AML program.
However, rather than reflecting the reality of the situation, TD allegedly downplayed the severity of the existing problems or failed to disclose potential consequences such as asset caps or compliance measures that could harm the bank's long-term growth. As a result, shareholders may have purchased TD securities at inflated prices, leading to financial losses when the truth came to light.
If you believe that you are among those who suffered losses due to TD's actions, now is the time to take action. Joining the class action can potentially lead to compensation for your losses, and the Rosen Law Firm emphasizes that aspiring lead plaintiffs must act swiftly before the deadline. Remember, as of now, no class has been certified; therefore, investors must either engage counsel of their choice or remain passive.
Stay informed about developments by following Rosen Law Firm on LinkedIn and Twitter, or reach out to them via their website for updates. It's crucial for investors to understand their rights and receive appropriate legal support during these challenging situations. This opportunity should not be taken lightly for those affected by potential securities fraud at Toronto-Dominion Bank.
For those interested in joining the class action, specific steps need to be followed. Potential plaintiffs should visit the Rosen Law Firm's dedicated webpage at https://rosenlegal.com/submit-form/?case_id=30006. They can also contact Phillip Kim, Esq., via a toll-free phone number at 866-767-3653, or email [email protected] for further information about the case. A class action lawsuit has already been initiated, and to serve as lead plaintiff, interested individuals must file their motion by the December deadline.
Rosen Law Firm advocates for investors to choose seasoned legal counsel with a record of success in securities class actions. They caution that many law firms only act as middlemen, lacking substantial experience or resources to litigate effectively. The firm's history is significant; it has represented global investors and recovered hundreds of millions of dollars through securities class action settlements. They previously achieved the largest settlement against a Chinese company and have consistently ranked among the top law firms for securities litigation since 2013, including securing over $438 million for investors in 2019 alone.
According to the initial complaint regarding TD Bank, the bank and its executives allegedly provided misleading statements regarding the effectiveness of its anti-money laundering (AML) program. These representations misled investors about the issues surrounding the program which may have violated the United States' Bank Secrecy Act (BSA). During the class period, statements made by TD suggested positive developments regarding fixing the shortcomings of their AML program.
However, rather than reflecting the reality of the situation, TD allegedly downplayed the severity of the existing problems or failed to disclose potential consequences such as asset caps or compliance measures that could harm the bank's long-term growth. As a result, shareholders may have purchased TD securities at inflated prices, leading to financial losses when the truth came to light.
If you believe that you are among those who suffered losses due to TD's actions, now is the time to take action. Joining the class action can potentially lead to compensation for your losses, and the Rosen Law Firm emphasizes that aspiring lead plaintiffs must act swiftly before the deadline. Remember, as of now, no class has been certified; therefore, investors must either engage counsel of their choice or remain passive.
Stay informed about developments by following Rosen Law Firm on LinkedIn and Twitter, or reach out to them via their website for updates. It's crucial for investors to understand their rights and receive appropriate legal support during these challenging situations. This opportunity should not be taken lightly for those affected by potential securities fraud at Toronto-Dominion Bank.
Topics Financial Services & Investing）
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