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Story perspectives

TD Bank Faces Class Action Over Compliance Allegations

2/6/2025

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Story summary
  • A&O Shearman is representing Toronto-Dominion Bank in a securities class action lawsuit.
  • Filed on December 11 in New York, the lawsuit alleges the bank hid compliance issues related to the Bank Secrecy Act.
  • U.S. District Judge Arun Subramanian is overseeing the case, which is assigned case number 1:24-cv-09445.