Law Offices of Howard G. Smith announces an investigation on behalf of The Toronto-Dominion Bank (“TD” or the “Company”) (NYSE: TD) investors concerning the Company’s possible violations of federal securities laws.
On May 8, 2023, The Wall Street Journal reported that TD and First Horizon Corporation had called off TD’s proposed purchase of First Horizon Corporation, “citing uncertainty over whether and when they could receive regulatory approvals.” According to the article, “[t]he regulators’ concerns stemmed from the way TD handled unusual transactions in recent years, and the speed at which some of them were brought to the attention of U.S. authorities.”
On this news, TD’s share price fell $0.72, or 1.2%, to close at $61.53 per share on May 8, 2023, thereby injuring investors.
If you purchased TD securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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