NEW YORK, NY / ACCESSWIRE / October 16, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Toronto-Dominion Bank ("TD Bank" or the "Company") (NYSE:TD). Such investors areadvised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether TD Bank and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On October 10, 2024, U.S. authorities announced that TD Bank had pleaded guilty and agreed to pay over $3 billion in penalties to resolve investigation into violations of the Bank Secrecy Act (BSA) and money laundering. TD Bank's plea deal also includes the imposition of an asset cap and other business limitations.
On this news, TD Bank's stock price fell $4.07 per share, or 6.41%, to close at $59.44 per share on October 10, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP