New York, New York–(Newsfile Corp. – December 14, 2024)– Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of The Toronto Dominion Bank (NYSE: TSX:) between February 29, 2024 and October 9, 2024, both dates inclusive (the “Class Period”), it is important December 23, 2024 Lead Plaintiff Deadline.
so what: If you purchase TD securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What to do next: To join the TD class action, go to https://rosenlegal.com/submit-form/?case_id=30006 or contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court No later than December 23, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the lawsuit.
Why Rosen's Law: We encourage investors to select qualified advisors with a proven track record of success in leadership roles. Often, companies issuing notices do not have similar experience, resources, or any meaningful recognition from their peers. Many of these firms do not actually file securities class actions, but are merely brokers who refer clients or partner with the law firms that actually file the lawsuits. Be wise in choosing advisors. The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever settlement of a securities class action lawsuit against a Chinese company at that time. Rosen Law Firm is Ranked #1 by ISS Securities Class an act (WA:) Services for a number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised more than $438 million for investors. In 2020, co-founder Lawrence Rosen was named by Law360 as a Titan in the Plaintiffs Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Case details: According to the complaint, the defendants provided investors with material information regarding the scope of problems surrounding TD's anti-money laundering (“AML”) program that was used to comply with the U.S. Bank Secrecy Act (“BSA”), and the defendants' ability to “fix” those problems, and punitive and remedial compliance actions that may be imposed on TD through the resolution of these investigations. The defendants' statements included, among other things, confidence in TD's optimistic claims to modernize and reform the existing AML program, claiming a full understanding of the scope of the problems the program was facing, and setting aside specific interim estimates regarding the monetary impact of punitive and compliance measures that it believed would be Enforce it.
Defendants made these overwhelmingly positive statements to investors while, at the same time, disseminated materially false and misleading statements and/or concealed material adverse facts relating to the true status of TD's anti-money laundering program; Conveniently, TD concealed or downplayed the failure of TD's anti-money laundering program and provided no indication that asset caps or other punitive or compliance measures would be imposed that would undermine TD's continued growth for the foreseeable future. Such statements in the absence of these material facts caused shareholders to purchase TD securities at artificially inflated prices. When the true details entered the market, the lawsuit claims, investors suffered damages.
To join the TD class action, go to https://rosenlegal.com/submit-form/?case_id=30006 or contact Phillip Kim, Esq. Toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No category is approved. Until the class is approved, you will not be represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain an absent class member and do nothing at this point. An investor's ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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