RE:Law Suits Mostly Nonsense This is what the lawsuit is all about:
"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.”
On this news, TD stock fell $3.12 per share, or 4.5%, to close at $66.10 per share on June 16, 2022."