The Law Offices of Frank R. Cruz Announces Investigation of The Toronto-Dominion Bank (TD) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of The Toronto-Dominion Bank (“TD” or the “Company”) (NYSE: TD) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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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.

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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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