NEW
YORK, Dec. 19, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of The
Toronto-Dominion Bank (NYSE: TD).
Shareholders who purchased shares of TD during the class period
listed are encouraged to contact the firm regarding possible lead
plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/the-toronto-dominion-bank-loss-submission-form/?id=117268&from=4
CLASS PERIOD: February 29,
2024 to October 9, 2024
ALLEGATIONS: According to the complaint, on October 10, 2024, TD unveiled the resolutions
reached from United States
investigations, which included, in addition to the punitive payment
of $3.09 billion, both an asset cap,
preventing TD's U.S. subsidiaries from exceeding a collective
$434 billion, a reflection of the
Company's assets as of September 30,
2024, and further subjects TD to more stringent approval
processes for its product, service, and market rollouts. Further,
the Department of Justice, in their own corresponding release,
highlighted the significance of TD's failures as "the largest bank
in U.S. history to plead guilty to Bank Secrecy Act program
failures, and the first US bank in history to plead guilty to
conspiracy to commit money laundering." The unveiling
of the scope of the Company's anti-money laundering failures
surprised investors and analysts alike as they reacted immediately
to the revelations. The price of TD's common stock declined
dramatically. From a closing market price of $63.51 per share on October 9, 2024, TD's stock price fell to
$59.44 per share on October 10, 2024, and further to $57.01 on October 11,
2024, a decline of more than 10.23% in the span of just two
days.
DEADLINE: December 21, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/the-toronto-dominion-bank-loss-submission-form/?id=117268&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of TD during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. The deadline to seek to be a lead plaintiff is December 21, 2024. There is no cost or obligation
to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm