The Toronto-Dominion Bank (TD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Toronto-Dominion Bank ("Toronto-Dominion" or "the Company") (NYSE: TD). Investors who purchased Toronto-Dominion securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Toronto-Dominion and certain of its officers and/or directors have violated federal securities laws.
In May 2022, shareholders of First Horizon Corporation (“First Horizon”), the bank holding company for First Horizon Bank, voted to approve First Horizon’s acquisition by Toronto-Dominion. Then, on June 15, 2022, CNBC reported that “Lawmakers led by Sen. Elizabeth Warren asked a key regulator to block Toronto-Dominion Bank's $13.4 billion acquisition of [First Horizon] because of allegations of customer abuse. In a letter sent Tuesday to the Office of the Comptroller of the Currency obtained exclusively by CNBC, Warren cited a May 4 report by Capitol Forum, a Washington-based investigative news outfit, that alleged that TD used tactics similar to those in the Wells Fargo fake accounts scandal.” On this news, Toronto-Dominion’s stock price fell sharply, damaging investors.
If you are aware of any facts relating to this investigation or purchased Toronto-Dominion shares you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.