openPR Logo
Press release

Investigation announced for Investors in The Toronto-Dominion Bank (NYSE: TD) over potential Wrongdoing

09-20-2022 02:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in The Toronto-Dominion Bank (NYSE: TD) shares over potential wrongdoing.

An investigation on behalf of investors in The Toronto-Dominion Bank (NYSE: TD) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at The Toronto-Dominion Bank.

Investors who purchased shares of The Toronto-Dominion Bank (NYSE: TD) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain The Toronto-Dominion Bank officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Canada based The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. The Toronto-Dominion Bank reported that its Total Revenue declined from over 43.28 billion CAD for the 12 months period that ended on October 31, 2020, to 42.26 billion CAD for the 12 months period that ended on October 31, 2021, and that its Net Income over those respective time periods increased from over 11.89 billion CAD to over 14.37 billion CAD.

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 a regional U.S. bank 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."
The Toronto-Dominion Bank is seeking regulatory approval for the acquisition of Tennessee-based First Horizon.

Those who purchased shares of The Toronto-Dominion Bank (NYSE: TD) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in The Toronto-Dominion Bank (NYSE: TD) over potential Wrongdoing here

News-ID: 2740470 • Views: 300

More Releases from Shareholders Foundation

Exela Technologies, Inc. (NASDAQ: XELA) Investor Notice: Investigation over pote …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Exela Technologies, Inc. Investors who purchased shares of Exela Technologies, Inc. (NASDAQ: XELA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Exela Technologies directors breached their fiduciary duties and caused damage to the company and its shareholders. On March 23, 2020,
Investigation announced for Long-Term Investors in Cavco Industries, Inc. (NASDA …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Cavco Industries, Inc. Investors who purchased shares of Cavco Industries, Inc. (NASDAQ: CVCO) NASDAQ: CVCO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Cavco Industries directors breached their fiduciary duties and caused damage to the company and
Investigation announced for Investors in Energy Transfer LP (NYSE: ET) over pote …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Energy Transfer LP. Investors who are current long term investors in Energy Transfer LP (NYSE: ET) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NYSE: ET stocks follows a lawsuit filed against Energy
Investigation announced for Long-Term Investors in shares of Spero Therapeutics, …
An investigation was announced for current long-term investors in shares of Spero Therapeutics, Inc. (NASDAQ: SPRO) concerning potential breaches of fiduciary duties by certain directors of Spero Therapeutics, Inc.. Investors who are current long term investors in Spero Therapeutics, Inc. (NASDAQ: SPRO) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors

All 5 Releases


More Releases for Bank

Neo and Challenger Bank Market by Type of Bank (Neo Bank and Challenger Bank)
Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed healthy growth rate in terms of customer base over the past few years, and is expected to witness optimistic growth in the near future. Access Full Report: https://www.alliedmarketresearch.com/neo-and-challenger-bank-market The global market is driven by factors such as government regulations, convenience offered to consumers, and low interest rates as compared
India Retail Loan Market 2018 - State Bank of India, ICICI Bank, HDFC Bank, Axis …
The growth in the retail finance disbursement would be largely driven by improving affordability, increasing propensity to consume and the fact that the penetration level of retail finance loans is still low. Retail Loan industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Retail Loan market size to maintain the average annual growth rate of X% from XXXX million $ in 2014
Load Bank
Load banks offer one of the most flexible ways to validate critical power systems and components. Load bank testing of power systems includes validating the operational conditions and output of electrical power systems such as generators, gas turbines, transformers, HVAC systems, UPS, batteries, and relays in various industries like oil and gas, power, healthcare, marine and defense, and telecom. It is also very effective in reducing wet stacking problems, removal
Blood Bank Market 2017
ReportsWeb.com has announced the addition of the “Global Blood Bank Market Research Report 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Blood Bank industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and
Trend survey “Bank & Zukunft”
Latest edition in the survey series reveals trends and developments in the financial sector More than 365 decision-makers from the banking sector took part in the Bank & Zukunft 2014 trend survey. In rating current challenges and developments, their responses reveal that banks are generally optimistic about the future. The biggest challenges remain the difficult interest rate situation and how to implement consistent, customer-oriented service. Once a year as part of the
Kaupthing Bank Luxembourg acquires Robeco Bank Belgium
Reykjavik, Iceland--October 21st 2007--Kaupthing Bank Luxembourg S.A., a subsidiary of Kaupthing Bank hf., has signed an agreement by which Kaupthing Bank Luxembourg S.A. purchases Robeco Bank Belgium. Robeco Bank Belgium is a small Belgian bank that was founded in 2002 and focuses mainly on private banking and asset management. The bank has 32 employees and is based in Brussels and Antwerp. Robeco Bank Belgium has 6,800 clients. At the