Toronto-Dominion Bank and certain executives were hit with a securities class action Monday in New Jersey District Court. The complaint was brought by Carella Byrne Cecchi Olstein Brody & Agnello and Saxena White P.A. on behalf of holders of First Horizon Corp. securities who accuse the defendants of abandoning a proposed $13.4 billion acquisition. Counsel have not yet appeared for the defendants. The case is 1:23-cv-02763, The Arbitrage Fund v. The Toronto-Dominion Bank et al.
Banking & Financial Services
May 22, 2023, 6:35 PM