NEW YORK, July 21, 2022 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of consumers of The Toronto-Dominion Monetary establishment (“Toronto-Dominion” or the “Agency”) (NYSE: TD). Such consumers are recommended to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation points whether or not or not Toronto-Dominion and positive of its officers and/or directors have engaged in securities fraud or totally different unlawful enterprise practices.
[Click here for information about joining the class action]
In May 2022shareholders of First Horizon Firm (“First Horizon”), the monetary establishment holding agency for First Horizon Monetary establishment, voted to approve First Horizon’s acquisition by Toronto-Dominion. Then, on June 15, 2022CNBC reported that “Lawmakers led by Sen. Elizabeth Warren requested a key regulator to dam Toronto-Dominion Monetary establishment’s $13.4 billion acquisition of [First Horizon] on account of allegations of purchaser abuse. In a letter despatched Tuesday to the Office of the Comptroller of the Foreign exchange obtained solely by CNBC, Warren cited a May 4 report by Capitol Dialogue board, a Washington-based investigative data outfit, that alleged that TD used strategies very similar to these throughout the Wells Fargo fake accounts scandal.” On this data, Toronto-Dominion’s stock value fell sharply, damaging consumers.
The Pomerantz Company, with workplaces in New York, Chicago, Los Angelesand Paris is acknowledged as one among many premier firms throughout the areas of firm, securities, and antitrust class litigation. Based mostly by the late Abraham L. Pomerantz, typically known as the dean of the class movement bar, the Pomerantz Company pioneered the sector of securities class actions. Proper now, better than 80 years later, the Pomerantz Company continues throughout the customized he established, stopping for the rights of the victims of securities fraud, breaches of fiduciary obligation, and firm misconduct. The Company has recovered fairly a number of multimillion-dollar damages awards on behalf of sophistication members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
