RE:RE:RE:RE:RE:RE:TD bankThanks. I was not aware that there was/is a lawsuit. It must have been dropped or settled quickly. I would have thought it would have to have been disclosed at some point as a lawsuit with a major financial institution would constitute material information that would necessitate disclosure. Again I don't think it was a loan default by BBI. If anything, reneging on an agreement to finance or to issue shares through TD is a plausible case where TD might sue.
Either way it is definitely unbecoming of a company that claims 40% of the market share for online trading.
Maxmoe wrote: You can still trade, just not electronically which makes it even more infantile. I bought by calling the trading desk. Your answers :
1) it was bbi. There is/was an outstanding lawsuit between bbi and TD
2) I don't have the specifics of the lawsuit
3) it's not an educated guess, confirmed with CFO, Dan I think
it's ridiculous, petty, vengeful, and very counterproductive but not surprising. Same thing would have happened if it was a different bank, they are all the same