#United States #New York #Toronto-Dominion Bank #Securities Fraud #Pomerantz LLP

Shareholder Alert: Class Action Against The Toronto-Dominion Bank

Pomerantz LLP, a leading law firm specializing in corporate and securities litigation, has announced the initiation of a class action lawsuit against The Toronto-Dominion Bank (TD Bank), a major player in the financial sector. This lawsuit arises in light of significant allegations concerning securities fraud and questionable business practices involving certain officers and directors of TD Bank.

Investors who have experienced losses related to their investments in TD Bank during the specified Class Period are being urged to come forward. The firm is actively seeking individuals who purchased or acquired TD securities and are interested in potentially being appointed as Lead Plaintiff in this matter. Interested shareholders are encouraged to contact Danielle Peyton from Pomerantz via email or phone, providing essential information including their mailing address, telephone number, and details concerning the number of shares they purchased.

Key Information and Upcoming Deadlines

A critical deadline looms for shareholders wishing to participate in this class action as they have until December 23, 2024, to express their interest. Detailed instructions and a copy of the files pertaining to the complaint related to this case are accessible through Pomerantz's official website.

On October 10, 2024, serious developments occurred when TD Bank publicly announced its guilty plea to serious violations relating to the Bank Secrecy Act (BSA) and money laundering activities. As part of this resolution, the bank agreed to an unprecedented $3 billion penalty, marking a significant event in the banking industry. The U.S. Department of Justice characterized TD Bank as