Proposed $6.75B class action lawsuit targets TD Bank’s anti-money laundering practices

By John Schofield (June 5, 2024, 4:43 PM EDT) -- A TD Bank shareholder has launched a proposed class action lawsuit against the bank over allegations that TD and some of its directors and officers misrepresented systemic deficiencies in TD’s anti-money laundering controls and the likely impact on its U.S. operations....