ROSEN, MASTER DRIVER ADVISOR, Urges Toronto-Dominion Bank Investors to Lose Over $100K to Protect Advice Ahead of December 21st Securities Deadline By Investing.com

New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: The Rosen Law Firm, a global investor rights law firm, reminds consumers of the securities of The Toronto-Dominion Bank (NYSE: TSX: ) between March 7, 2022 and October 9, 2024, both dates inclusive (the “Class Period”), of material December 21, 2024 is the deadline to file a claim.

NOW: If you purchased TD securities during the Class Period you may be entitled to reimbursement without payment of any out-of-pocket payments or expenses through the contingency fee plan.

WHAT YOU NEED TO DO: To join a TD class action, visit or call 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 act as a lead plaintiff, you must remove the Court no later than December 21, 2024. The lead plaintiff is the organization representing the other members of the class directing the lawsuit.

WHY THE LAW WENT OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Generally, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies are not responsible for the actions of the security department, but they are partners who send customers or partners with law firms who prosecute cases. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder exit litigation. The Rosen Law Firm won the largest securities class action settlement ever against a Chinese Company at the time. The Rosen Law Firm is ranked #1 by ISS Securities Class Action (WA:) Value services for securities class agreements in 2017. The company has been listed in the top 4 every year since 2013 and has returned hundreds of millions of dollars to investors. In 2019 alone the company secured more than 438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the complaint, the statements made during the Class Period were false and/or misleading because, from January 2014 to October 2023, “pervasive” and “systemic deficiencies” violated TD’s anti-money laundering (“AML”) controls. Despite these “known deficiencies” and “glaring,” TD “chose profit over compliance” and “failed to properly fund and implement its AML program, choosing to postpone and cancel necessary AML projects” to keep its costs down. as senior executives at TD Bank implemented a budget mandate, referred to internally as the ‘low cost paradigm,’ which requires that TD Bank’s budget not increase year after year.” As a result, from January 2018 to April 2024, TD failed to adequately monitor a large number of its operations that allowed criminals to defraud hundreds of millions of dollars using TD banking products and services. Given this, TD was eventually forced to pay more than $3 billion in fines and penalties to regulators and the OCC placed an asset freeze on TD’s US business, stunting its growth. When true information enters the market, the lawsuit claims that investors suffered damages.

To join a TD class action, visit or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.

No Class Guaranteed. Until the class is certified, you are not represented by an attorney unless you retain it. You can choose the advice of your choice. You can also remain a member of the missing class and do nothing for now. The investor’s ability to participate in any potential future returns is not dependent on performance as the lead claimant.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234772